Global 500

Rank
376
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Charter Communications

A Charter Communications company service van is pictured in Pasadena
A Charter Communications company service van is pictured in Pasadena, California U.S., January 26, 2017. REUTERS/Mario Anzuoni - RTSXKG4Mario Anzuoni — Reuters
  • Previous Rank
  • Revenues ($M)
    29003
  • Revenue Percent Change
    197.3
  • Profits ($M)
    3522
  • Profits Percent Change
  • Assets ($M)
    149067
  • Employees
    91500

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.

Company Information

CEOThomas M. Rutledge
SectorTelecommunications
IndustryTelecommunications
HQ LocationStamford, CT
Websitewww.charter.com
Years on Global 500 List1
Employees91,500

Key Financials (Last Fiscal Year)

Revenues ($M)$29,003
Profits ($M)$3,522
Assets ($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%