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Charter Picks Up Data, VoIP Pace

Aiming for a rebound, financially struggling Charter Communications reported stronger subscriber gains for its new digital products and smaller basic cable losses in the first quarter. Charter said it picked up 94,000 high-speed data subscribers in the winter period, up from 64,500 in the fourth quarter of 2004. It now has more than 1.9 cable modem customers. Charter also added 9,900 cable telephony customers, up from 5,200 in the previous quarter, as it continued to roll out voice over IP (VoIP) service. It now has about 55,000 phone subscribers, most of them VoIP. In addition, the MSO signed up 19,900 digital video subscribers, reversing a fourth-quarter loss of 14,200 subscribers. Plus, it shed about 6,700 basic cable customers in the quarter, a big improvement from its loss of 83,100 customers in the fourth quarter.
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