Charter residential video customers down 240,000 in 2Q 2022

STAMFORD, Connecticut — Charter Communications, Inc. (along with its subsidiaries, the “Company” or “Charter”) today reported financial and operating results for the three and six months ended June 30, 2022.

Residential video customers decreased by 240,000 in the second quarter of 2022, compared to a decline of 63,000 in the second quarter of 2021, partly driven by downgrades following an April pass through of higher programming expense. As of June 30, 2022, Charter had 14.9 million residential video customers.

Residential – Video – Primary Service Units

                                                           2020
                         --------------------------------------
                             1Q      2Q      3Q      4Q      FY
                         ------  ------  ------  ------  ------
Total                    15,550  15,652  15,705  15,639
Net Additions/(Losses)     (70)     102      53    (66)      19

                                                           2021
                         --------------------------------------
                             1Q      2Q      3Q      4Q      FY
                         ------  ------  ------  ------  ------
Total                    15,483  15,420  15,287  15,216  15,216
Net Additions/(Losses)    (156)    (63)   (133)    (71)   (423)

                                                           2022
                         --------------------------------------
                             1Q      2Q      3Q      4Q      FY
                         ------  ------  ------  ------  ------
Total                    15,093  14,853
Net Additions/(Losses)    (123)   (240)