Charter Comm Inc Del CL A New - CHTR STOCK NEWS

Charter Communications (NASDAQ: CHTR) announced that Christopher Winfrey, Chief Financial Officer, will speak at the Deutsche Bank Virtual Media, Internet and Telecom Conference on March 8, 2021, at 1:00 p.m. ET. A live webcast of the event will be available on Charter's investor relations website, which will also archive the broadcast post-event. Charter serves over 31 million customers across 41 states with its Spectrum brand, offering a full range of broadband and cable services.

Charter Communications (NASDAQ: CHTR) announced that Tom Rutledge, Chairman and CEO, will speak at the Morgan Stanley Virtual Technology, Media & Telecom Conference on March 2, 2021, starting at 11:00 a.m. ET. Investors can listen to the live webcast on Charter's investor relations website, with an archived version available afterward. Charter serves over 31 million customers across 41 states with its Spectrum brand, providing a wide range of services including Internet, TV, and mobile. For more details, visit ir.charter.com.

On February 18, 2021, Charter Communications (NASDAQ: CHTR) announced the pricing of $3.0 billion in Senior Secured Notes. This includes $1.5 billion in 2041 Notes with an interest rate of 3.500%, $1.0 billion in 2052 Notes at 3.900%, and $500 million in 2061 Notes at 3.850%. Proceeds will be used for general corporate purposes, including potential stock buybacks and debt repayment. The offering is expected to close on March 4, 2021, and was conducted under an effective automatic shelf registration statement with the SEC.

Charter Communications (NASDAQ: CHTR) announced on February 18, 2021, an offering of Senior Secured Notes due in 2041, 2052, and 2061, part of a $1.35 billion series initiated in December 2020. The net proceeds will be used for general corporate purposes, including possible stock buybacks and debt repayment. The offering is contingent on market conditions and will be conducted under an effective SEC registration statement. Credit Suisse, J.P. Morgan, and Morgan Stanley are the Joint Book-Running Managers for this offering.

Charter Communications (NASDAQ: CHTR) has promoted Jessica Fischer to Executive Vice President, Finance, expanding her responsibilities to include Procurement, Investor Relations, Internal Audit, and Corporate Planning. Fischer, who joined the company in 2017, has played a vital role in Treasury and cash management. Charles Fisher will now oversee all Treasury activities. Fischer's financial expertise is expected to enhance Charter's strategic initiatives and further its integration efforts.

On February 3, 2021, Byron Allen's Entertainment Studios Networks announced that it has resolved and withdrawn its lawsuit against Charter Communications. The settlement ends any legal disputes between the two companies, allowing them to focus on their respective businesses. Charter Communications, operating under the Spectrum brand, delivers a variety of services to over 31 million customers across 41 states. The resolution marks a significant development for both entities as they continue to operate in the competitive broadband and entertainment markets.

Charter Communications (NASDAQ: CHTR) announced the retirement of President and COO John Bickham at the end of 2022 after 35 years in the industry. Chairman and CEO Tom Rutledge praised Bickham's contributions to the company's growth. In anticipation of this transition, Rich DiGeronimo, Chief Product and Technology Officer, will oversee Spectrum Reach, while Chris Winfrey, CFO, will take on additional responsibilities in Sales and Marketing. Charter continues to serve over 31 million customers across 41 states, providing a range of broadband and cable services.

Charter Communications (NASDAQ: CHTR) has announced a multiyear initiative to invest approximately $5 billion to expand broadband access to over 1 million unserved locations, supported by $1.2 billion from the RDOF Phase I auction. This plan aims to provide gigabit high-speed internet, enhancing connectivity in rural areas across 24 states. Charter expects to hire over 2,000 employees for this buildout, which will increase the company's network mileage by 15% and drive long-term customer growth, while maintaining its customer-friendly policies.

Charter Communications reported strong financial results for Q4 and the full year 2020. The company served 31.1 million customers, adding 1.9 million customers over the year. Q4 revenues reached $12.6 billion, a 7.3% increase year-over-year, driven by significant growth in mobile (80.9%) and advertising (43.9%) revenues. Adjusted EBITDA grew 10.2% to $5.0 billion. Full-year revenue rose to $48.1 billion, net income attributable to shareholders reached $3.2 billion, and free cash flow was $7.1 billion. Charter also repurchased $12.1 billion in shares during 2020.