Charter Communications slides, loses more broadband customers than expected

Charter Communications

24/04/2026 14:57

Updates

** Shares of broadband and cable TV provider Charter Communications CHTR.O fall 16.7% to $201.50

** The company loses 120,000 broadband customers vs. Visible Alpha estimates of 100,036 losses

** Adds 360,000 mobile lines in Q1, compared with VA estimates of 431,920 additions

** CHTR reports Q1 revenue of $13.56 billion, compared with analysts' average estimate of $13.55 billion - data compiled by LSEG

** Up to last close, stock has risen 15.8% YTD

 (Reporting by Anhata Rooprai in Bengaluru)

 ((Anhata.Rooprai@thomsonreuters.com))