Charter video customers down 100,000 in 1Q 2017
Tuesday, May 2nd, 2017STAMFORD, 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)
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