Charter Communications, the Stamford, Conn.–based telecommunications giant, dropped five spots on this year’s list. Though it added 1.2 million new internet customers over the course of the year, the company continued to see declines in residential video customers, losing 71,000 in the last quarter of 2021 alone. Still, its revenue increased 7.5% to $51.7 billion, and its profits increased a more dramatic 44.5% to $4.7 billion. In February 2022, the company announced a new $20 standard minimum wage in the face of a continued tight labor market.
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