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Charter Loses 138,000 Pay TV Subscribers, Adds Broadband Users

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hollywoodreporter.com
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Cable operator Charter Communications, in which John Malone's Liberty Broadband owns a big stake, lost 138,000 pay TV subscribers in the first quarter.

Just like in the fourth quarter of 2020, Charter's broadband user gains remained a key growth engine amid the coronavirus pandemic, but subscriber growth slowed over the comparable period of 2020.

Charter lost 156,000 residential pay TV subscribers in the first quarter, compared with a loss of 70,000 in the year-ago period.

Including the addition of 18,000 small- and medium-size business clients, it lost 138,000 video customers after a year-ago loss of 70,000.

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