Charter residential video customers down 211,000 in 3Q 2022

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

Residential video customers decreased by 211,000 in the third quarter of 2022, compared to a decline of 133,000 in the third quarter of 2021, partly driven by downgrades following an April pass through of higher programming expense. As of September 30, 2022, Charter had 14.6 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  14,642
Net Additions/(Losses)    (123)   (240)   (211)