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Global 500

Mario Anzuoni — Reuters

376

Charter Communications

CHTR

U.S.

The new Charter is not like the old Charter. What was once three telecommunications companies “Charter Communications, Time Warner Cable, and Bright House Networks” is now one that calls itself Spectrum to consumers. The new entity, quadruple the size of the old one, gives it a broader U.S. footprint, reach into almost 50 million homes and businesses, and expanded sales and marketing forces. The company was subject to much speculation that it might tie up with larger peer Verizon, but Charter instead partnered with Comcast on an expansive wireless services agreement that requires one to seek the other’s approval for a major transaction with a wireless company.

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CEO

Thomas M. Rutledge

Sector

Telecommunications

Industry

Telecommunications

HQ Location

Stamford, CT

Years on Global 500 List

1

Employees

91,500

Key Financials (Last Fiscal Year)
($ Millions)% change
Revenues ($M)$29,003197.3%
Profits ($M)$3,522.0
Assets ($M)$149,067
Total Stockholder Equity ($M)$40,139
Profit Ratios
Profit as % of Revenues12.1%
Profits as % of Assets2.4%
Profits as % of Stockholder Equity8.8%
STOCK QUOTE
()0.00 0.00 (0)
  • Previous Close:
  • Market Cap: NaNB
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
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  • Dividend Yield: n/a

News about Charter Communications

Apple Hopes to (Finally) Kill Off the Cable Box

Apple's partnership with Charter Communications will give up to 50 million U.S. homes access to the Apple TV media player.

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Why Sprint Shares Are Plummeting on News of Its Takeover by T-Mobile

The deal, announced on Sunday, would combine two of the four biggest wireless carriers in the U.S.

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Cord Cutting Hits Another Record, Bashing Cable and Telecom Stocks

Cheaper Internet TV packages are flourishing, though.

Read More →