Charter’s broadband losses deepen as mobile and video improve
Charter Communications reported its first-quarter financial results, which included an increase in broadband subscriber losses. The company also reported growth in its mobile division and a slower rate of video customer losses compared to previous periods.
Key Takeaways
- Broadband subscriber losses increased in Charter’s first quarter.
- Charter’s mobile division continued to grow during the period.
- Video customer losses were slower than in previous quarters.
- The results point to the cable bundle being used more as a retention strategy.
Why It Matters
Charter’s Q1 shows the bundle’s role shifting toward holding customers rather than expanding the base: broadband losses widened, while mobile growth and narrower video losses provided some offset. That matters because it ties two service lines together in the same retention equation, with video still carrying utility even as broadband pressure builds. For streaming and pay-TV players, the signal is that bundled offers remain relevant when they help reduce churn. The next data point to watch is whether Charter’s broadband losses keep worsening while video losses stay below prior-period levels.
Read full article at subscriptioninsider.com
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