Charter video customers down 100,000 in 1Q 2017

Tuesday, May 2nd, 2017 
Charter logo

STAMFORD, Conn. — Charter Communications, Inc. (formerly known as CCH I, LLC, along with its subsidiaries, the “Company” or “Charter”) today reported financial and operating results for the three months ended March 31, 2017.

Residential video customers decreased by 100,000 in the first quarter of 2017, versus an increase of 24,000 in the year-ago period, driven primarily by higher year-over-year video losses at Legacy TWC. Over the last twelve months, Legacy Charter grew residential video customers by 19,000 or 0.5%. As of March 31, 2017, Charter had 16.7 million residential video customers.

Residential – Video – Primary Service Units

                                                           2016    2017
                         --------------------------------------  ------
                             1Q      2Q      3Q      4Q      FY      1Q
                         ------  ------  ------  ------  ------  ------
Total                    17,086  16,934  16,887  16,836  16,836  16,736
Net Additions/(Losses)       24   (152)    (47)    (51)   (226)   (100)