Charter Communications slides, loses more broadband customers than expected

ReutersApr 24, 2026 2:31 PM

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Shares of broadband and cable TV provider Charter Communications CHTR.O fall 18.5% to $197.15

Peers' shares also decline, with Comcast CMCSA.O down 5.7% at $29.84 and Liberty Broadband LBRDA.O retreating ~19% to $45.77

Charter loses 120,000 broadband customers in Q1, vs. Visible Alpha estimate of 100,036 losses

Adds 360,000 mobile lines during quarter, compared with VA estimates of 431,920 additions

Reports Q1 revenue of $13.56 billion, compared with analysts' average estimate of $13.55 billion - data compiled by LSEG

As of last close, CHTR up 15.8% YTD

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