Charter residential video customers down 320,000 in 3Q 2023
Friday, October 27th, 2023STAMFORD, 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, 2023.
Residential video customers decreased by 320,000 in the third quarter of 2023, compared to a decline of 211,000 in the third quarter of 2022, partly driven by video disconnects related to the temporary loss of Disney programming in early September. As of September 30, 2023, Charter had 13.8 million residential video customers. In October, Charter began deploying Xumo Stream Boxes to video customers. The Xumo Stream Box combines a live TV experience with access to hundreds of direct-to-consumer TV applications, and features simplified search and discovery along with a curated content offering based on the customer’s interests and subscriptions.
Residential – Video – Primary Service Units
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 14,497 14,497 Net Additions/(Losses) (123) (240) (211) (145) (719) 2023 -------------------------------------- 1Q 2Q 3Q 4Q FY ------ ------ ------ ------ ------ Total 14,260 14,071 13,751 Net Additions/(Losses) (237) (189) (320)
Links: Charter Communications
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