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Charter Comm Inc Del CL A New - CHTR STOCK NEWS

Welcome to our dedicated page for Charter Comm Del CL A New news (Ticker: CHTR), a resource for investors and traders seeking the latest updates and insights on Charter Comm Del CL A New stock.

Charter Communications, Inc. (NASDAQ: CHTR), operating under the Spectrum brand, is a leading broadband connectivity company and the second-largest cable operator in the United States. The company emerged in 2016 from the merger of Legacy Charter, Time Warner Cable, and Bright House Networks. Charter now offers television, internet access, and phone services to approximately 57 million U.S. homes and businesses, covering around 40% of the country. With over 32 million customers, including 30 million residential and 2 million commercial accounts, Charter delivers a range of advanced communications services.

Under the Spectrum brand, Charter offers a comprehensive suite of services:

  • Spectrum Internet® - High-speed internet services with a focus on providing multi-gigabit speeds and symmetrical connections. The network evolution aims to ensure optimal performance and reliability.
  • Spectrum TV® - A robust television service that includes popular news and entertainment networks as well as sports channels through partnerships with Spectrum SportsNet, SportsNet LA, SportsNet New York, and Spectrum News NY1.
  • Spectrum Mobile™ - Innovative mobile services that include features like Anytime Upgrade, which allows customers to upgrade their devices without traditional wait times, and a cost-effective Mobile Repair and Replacement Plan.
  • Spectrum Voice® - Reliable phone services suitable for both residential and business customers.

Charter continues to innovate and expand its offerings. Recent achievements include the launch of Anytime Upgrade and the Mobile Repair and Replacement Plan, enhancing the value and flexibility for Spectrum Mobile customers. Additionally, Charter remains committed to supporting underserved communities through government partnerships to extend broadband access.

Financially, Charter reported a revenue increase of 0.2% year-over-year to $13.7 billion in the first quarter of 2024, driven by growth in residential mobile service, internet, and advertising sales. The company also recorded an Adjusted EBITDA growth of 2.8% year-over-year to $5.5 billion.

Charter has also strengthened its media presence through partnerships, such as the recent multi-year agreement with Paramount Global, ensuring that Spectrum customers continue to enjoy top-tier content from CBS, BET, MTV, Nickelodeon, and more.

For the latest updates on Charter Communications, follow them on LinkedIn.

News

SPECTRUM REACH SEEKING 250 UNDERSERVED BUSINESSES FOR 2024 'PAY IT FORWARD' PROGRAM

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Spectrum Reach, the advertising sales business of Charter Communications, Inc., is launching the 'Pay It Forward' initiative to provide 250 underserved small business owners with access to expert advertising and marketing resources. The program offers a free ad campaign worth $15,000, marketing and creative support, as well as educational resources. Selected entrepreneurs will receive a live and streaming TV campaign, a custom 30-second commercial, marketing consultation services, mentoring, and networking opportunities.
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CHARTER COMMITS $2.5 MILLION OVER NEXT FIVE YEARS TO SPECTRUM EMPLOYEE COMMUNITY GRANTS

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Charter Communications, Inc. (CHTR) commits to support 500 nonprofits through its employee-driven grants program, pledging $2.5 million over the next five years. The program has already supported hundreds of nonprofits, impacting over 70,000 community members. Charter will increase its investment in the program to enhance the lives of local residents. The company will also host an employee volunteer event in Tampa in partnership with grant recipient Metropolitan Ministries.
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SPECTRUM SCHOLARS APPLICATIONS OPEN FOR NEW 2024-2025 CLASS

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Charter Communications, Inc. (CHTR) has opened applications for Spectrum Scholars, a scholarship program for underrepresented college students with financial need. The program offers $20,000 scholarships, mentorship, and internship opportunities. Charter has awarded over $1 million in scholarships and provides professional development and networking opportunities for the selected students. The program aims to support a skilled and diverse workforce and attract, develop, and retain employees for Charter's continued success.
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DISNEY+ BASIC NOW AVAILABLE TO CHARTER'S SPECTRUM TV SELECT CUSTOMERS

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Charter Communications, Inc. (CHTR) and The Walt Disney Company (DIS) have announced that the ad-supported version of Disney+ is now available in all Spectrum TV Select packages nationwide at no additional cost. This transformative new distribution agreement allows Charter video customers to stream iconic entertainment from Disney, Pixar, Marvel, Stars Wars, and National Geographic through the Xumo Stream Box or any other Disney+ supported device. This move aims to provide a simplified TV viewing experience and enhance the value of Spectrum services for mutual customers.
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Charter to Hold Webcast to Discuss Fourth Quarter and Full Year 2023 Financial and Operating Results

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Charter Communications, Inc. (NASDAQ: CHTR) to host webcast on February 2, 2024, to discuss financial and operating results for the quarter and year ended December 31, 2023.
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Charter to Participate in UBS Global Media and Communications Conference

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Charter Communications, Inc. (NASDAQ: CHTR) CFO Jessica Fischer to participate in UBS Global Media and Communications Conference on December 5, 2023
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Charter Closes $2.0 Billion Senior Secured Notes

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Charter Communications, Inc. (NASDAQ: CHTR) Announces Closure of $2.0 Billion Senior Secured Notes Offering: Charter Communications Operating, LLC and Charter Communications Operating Capital Corp. closed the offering of $2.0 billion in aggregate principal amount of notes, including $1.1 billion in 2026 Notes and $900 million in 2034 Notes. The offering was made through BofA Securities, Inc., Deutsche Bank Securities Inc., and Morgan Stanley & Co. LLC. The Notes were issued pursuant to an effective automatic shelf registration statement on Form S-3 filed with the SEC.
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Spectrum Reach Selects Pilot® by ShowSeeker for National and Local Ad Sales

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ShowSeeker (SSKR) collaborates with Spectrum Reach, the advertising sales business of Charter Communications, Inc., to fully implement Pilot®, a cloud-based order management system, across its advertising sales footprint. The recent launch of Pilot® marks a significant evolution of the industry’s advertising ecosystem, streamlining workflows and generating over 290,000 orders for local, regional, and national clients.
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Charter Prices $2.0 Billion Senior Secured Notes

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Charter Communications, Inc. (NASDAQ: CHTR) announced the pricing of $2.0 billion in aggregate principal amount of notes, consisting of $1.1 billion in Senior Secured Notes due 2026 and $900 million in Senior Secured Notes due 2034. The net proceeds will be used for general corporate purposes, including debt repayment, stock buybacks, and to pay related fees and expenses. The offering is expected to close on November 10, 2023.
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Charter Offers Senior Secured Notes

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Charter Communications, Inc. plans to offer senior secured fixed rate notes to raise funds for general corporate purposes, including repaying debts and potential stock buybacks.
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FAQ

What is the current stock price of Charter Comm Del CL A New (CHTR)?

The current stock price of Charter Comm Del CL A New (CHTR) is $352.19 as of December 24, 2024.

What is the market cap of Charter Comm Del CL A New (CHTR)?

The market cap of Charter Comm Del CL A New (CHTR) is approximately 50.1B.

What services does Charter Communications offer?

Charter Communications offers internet, TV, mobile, and voice services under the Spectrum brand.

What is the Spectrum brand?

Spectrum is the brand under which Charter Communications provides its advanced communications services, including internet, TV, mobile, and voice.

How large is Charter Communications' customer base?

Charter Communications serves over 32 million customers in 41 states, including 30 million residential and 2 million commercial accounts.

What recent innovations has Charter introduced?

Charter has launched the Spectrum Mobile Anytime Upgrade and the Mobile Repair and Replacement Plan, providing more value and flexibility to customers.

What is Charter's approach to underserved communities?

Charter works with federal, state, and local governments to extend broadband access to underserved communities.

How did Charter perform financially in the first quarter of 2024?

Charter reported a revenue increase of 0.2% year-over-year to $13.7 billion and an Adjusted EBITDA growth of 2.8% to $5.5 billion.

What content agreements does Charter have?

Charter has a multi-year distribution agreement with Paramount Global, ensuring access to CBS, BET, MTV, Nickelodeon, and more for Spectrum customers.

What is Spectrum Internet®?

Spectrum Internet® provides high-speed internet services with multi-gigabit speeds and symmetrical connections, catering to both residential and business customers.

What is the purpose of Spectrum Voice®?

Spectrum Voice® offers reliable phone services for residential and business customers.

Where can I follow Charter's latest news and job opportunities?

For the latest updates and job opportunities, follow Charter Communications on LinkedIn at https://www.linkedin.com/company/spectrum/.

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Charter Comm Inc Del CL A New

Nasdaq:CHTR

CHTR Rankings

#263 Ranked by Market Cap
N/A Ranked by Dividends

CHTR Stock Data

50.08B
90.06M
36.67%
72.03%
8.68%
Telecom Services
Cable & Other Pay Television Services
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