Charter Comm Inc Del CL A New - CHTR STOCK NEWS

Charter Communications has launched Stay Connected K-12, a new solution providing high-speed broadband Internet access to students and educators during the COVID-19 pandemic. This service enables schools to offer 50 Mbps download speeds, unlimited usage, and 24/7 technical support without charging residences. Currently, the program is operational in 30 communities across multiple states, supporting thousands. Charter emphasizes its commitment by previously connecting 448,000 individuals at no cost and protecting 700,000 customers from disconnection due to financial hardship, reflecting its robust network's adaptability.

Charter Communications, Inc. (NASDAQ: CHTR) will conduct a conference call on October 30, 2020, at 8:30 a.m. ET to review financial and operating results for Q3 2020, which will be announced in a press release at 7:00 a.m. ET on the same day. The call will be available for live streaming on the company's investor relations website, and participants are advised to join 10 minutes early. A replay will be accessible post-call until November 13, 2020, with specific dialing instructions provided.

Charter Communications announced a relaunch of its Remote Education Offer, providing free Spectrum Internet with speeds up to 200 Mbps and WiFi access for 60 days to K-12 and college students, as well as educators. This initiative aims to address the technology divide exacerbated by the pandemic. The offer is available to new customers in Spectrum markets without current services. Charter gained 448,000 new households through this initiative by June 30, 2020. The company is also enhancing accessibility via its Spectrum Internet Assist program and has committed $1 million in grants for broadband education, surpassing a $6 million goal.

Charter Communications (NASDAQ:CHTR) announced that CEO Tom Rutledge will participate in the Goldman Sachs Virtual Communacopia Conference on September 16, 2020, at 10:30 a.m. ET. A live webcast will be available on the company's investor relations website, which will also archive the broadcast for later viewing. Charter, serving over 30 million customers across 41 states, offers a wide range of services under the Spectrum brand, including Internet, TV, and mobile services.

Charter Communications (NASDAQ: CHTR) announced that its Chief Financial Officer, Christopher Winfrey, will participate in the Bank of America 2020 Virtual Media, Communications & Entertainment Conference on September 9, 2020, starting at 8:55 a.m. ET. A live webcast will be available on Charter's investor relations website, with an archived version accessible afterward. Charter serves over 30 million customers through its Spectrum brand, offering a range of services including Internet, TV, and Mobile.

Charter reported strong Q2 2020 results, with total revenues of $11.7 billion, a 3.1% increase year-over-year. Key highlights include a net addition of 755,000 residential and SMB customers and 850,000 residential Internet customers. Adjusted EBITDA rose 7.3% to $4.5 billion, and net income soared to $766 million compared to $314 million in Q2 2019. Capital expenditures were $1.9 billion, and free cash flow reached $1.9 billion, up from $1.1 billion last year. Charter's mobile segment also gained traction, adding 325,000 new lines.

Charter Communications, Inc. (NASDAQ: CHTR) has successfully closed a transaction for $1.5 billion in senior unsecured notes due 2031, which bear an interest rate of 4.250% annually. The notes were sold at 102.000% of the principal amount and targeted qualified institutional buyers, both domestically under Rule 144A and internationally under Regulation S. Notably, these notes are unregistered under the Securities Act of 1933 and cannot be sold in the U.S. without proper registration or exemptions.

Charter Communications has priced $1.5 billion in senior unsecured notes due 2031, which will bear an interest rate of 4.250% per annum. The notes will be sold at 102% of the principal amount and are intended for general corporate purposes, including repaying existing debt and funding potential stock buybacks. Closing of the offering is expected on July 24, 2020. The notes have not been registered under the Securities Act and are offered primarily to qualified institutional buyers. Charter serves over 29 million customers across 41 states through its Spectrum brand.

Charter Communications (NASDAQ: CHTR) announced on July 21, 2020, the intention to offer senior unsecured notes due 2031, part of a $1.5 billion issuance from July 9, 2020. The net proceeds will be used for corporate purposes, including repaying debt and potential buybacks of common stock. The offering targets qualified institutional buyers and adheres to Rule 144A and Regulation S. Importantly, these notes are not registered under the Securities Act of 1933 and the offering is subject to market conditions, not constituting an offer to sell in any unlawful jurisdiction.