Charter residential video customers up 2,000 in 4Q 2017

Friday, February 2nd, 2018 
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Charter Announces Fourth Quarter and Full Year 2017 Results

STAMFORD, Conn. — Charter Communications, Inc. (along with its subsidiaries, the “Company” or “Charter”) today reported financial and operating results for the three and twelve months ended December 31, 2017.

Residential video customers increased by 2,000 in the fourth quarter of 2017, while fourth quarter 2016 video customers decreased by 51,000, or 91,000 when adjusted for seasonal program changes made at Legacy Bright House. As of December 31, 2017, Charter had 16.5 million residential video customers.

During the fourth quarter, Charter continued its all-digital efforts in the approximately 30% of Legacy TWC’s footprint and 60% of Legacy Bright House’s footprint that are not yet all-digital. All-digital allows Charter to offer more advanced products and services, and provides residential customers with two-way digital set-top boxes, which offer better video picture quality, an interactive programming guide and video on demand on all TV outlets in the home.

Residential – Video – Primary Service Units

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

                                                           2017
                         --------------------------------------
                             1Q      2Q      3Q      4Q      FY
                         ------  ------  ------  ------  ------
Total                    16,736  16,646  16,542  16,544  16,544
Net Additions/(Losses)    (100)    (90)   (104)       2   (292)

More: Earnings Release

Links: Charter Communications