Charter revenues grow 10%

14 May 2008

US cable operator Charter Communications has narrowed its first-quarter loss to USD358 million, down from USD381 million a year ago on the back of a rise in customer numbers and increased customer spending. Revenues were up 9.8% to USD1.56 billion. Charter had 5.2 million basic TV customers, three million digital TV customers, 2.8 million broadband internet subscribers and almost 1.1 million telephony customers at the end of March.

United States, Charter Communications (Spectrum, incl. Spectrum Mobile)