Charter Shows VoIP, Data, Digital Progress

Somewhat happier days are here again for Charter Communications. Although it continues to lose money in buckets, North America's fourth largest MSO is starting to rake in decent amounts of high-speed data and digital video subscribers once more, along with a growing number of VoIP customers. In its fourth quarter earnings report earlier this week, Charter said it picked up 76,400 cable modem subscribers, down from its very strong total for the previous quarter but up from its year-earlier results. As a result, the MSO closed out 2005 with nearly 2.2 million broadband customers, up slightly more than 300,000 for the year. On the video side, Charter netted 47,200 digital cable subscribers, reversing a loss of 14,200 in the final quarter of 2004. With the gain, the company wrapped up 2005 with nearly 2.8 million digital customers, boosting its penetration to 23% of homes passed. Finally, Charter enjoyed its strongest gains yet in cable telephony, adding 31,600 VoIP subscribers. The pickup allowed the MSO to climb over the 100,000-customer mark, raising its overall subscriber count to 121,500.
Be the first to post a comment regarding this story.
Sign In