Charter Communications
Industry: Broadcasting & Cable TV
Charter Communications, A Wired World Company™, is among the nation's largest broadband communications companies, currently serving approximately 6.7 million customers in 40 states. Charter provides a full range of advanced broadband services to the home, including cable television on an advanced digital video programming platform marketed under the Charter Digital Cable® brand and high-speed Internet access via Charter Pipeline®. Commercial high-speed data, video and Internet solutions are provided under the Charter Business Networks™ brand. Advertising sales and production services are sold under Charter Media™.
Business Summary
Charter Communications, Inc. is a broadband communications company operating in the United States, with approximately 6.22 m million customers for the year ended December 31, 2004. Through its broadband network of coaxial and fiber-optic cable, the Company offers its customers traditional cable video programming, comprised of analog and digital (video service); high-speed cable Internet access (high-speed data service); advanced broadband cable services, such as video-on-demand (VOD), high-definition television service and interactive television, and, in some of its markets, telephone service (telephony). At December 31, 2004, the company served approximately 5.99 million analog video customers, of which approximately 2.67 million were also digital video customers. It also served approximately 1.88 million high-speed data customers. The Company also provided telephony service to approximately 45,400 customers as of that date.
Financial Summary
Charter Communications, through its subsidiaries, operates cable systems in the U.S. with approx. 12.4 million homes passed and approx. 6.5 million customer relationships. CHTR offers video, data, telephony & other services. For the 6 months ended 6/30/05, revenues rose 6% to $2.59B. Net loss applicable to Common fell less then 1% to $709M. Results reflect higher sales from high speed data business, a $95M reduction in special charges and lower compensation expense.







