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Published on FierceTelecom (http://www.fiercetelecom.com)

Charter Communications narrows Q1 loss, adds subscribers

By admin
Created 05/13/2008 - 06:59

Charter Communications posted a first quarter loss of $358 million, or 97 cents a share, compared to $381 million, or $1.04 a share a year ago and said its revenue rose 10 percent to $1.6 billion from $1.4 billion, primarily the result of an increase in how much each of its customers was spending on service. The company said ARPU rose to $100.14, up 13 percent from a year earlier.
 
Charter, controlled by Microsoft co-founder Paul Allen, said revenue from VoIP nearly doubled to $121 million and Internet subscriber revenues jumped 12 percent to $121 million.
 
For more:
- See the Wall Street Journal story [1] 
- Check out Charter's quarterly results [2]  

Related articles:
Verizon targets Charter with VoIP lawsuit [3]   
Cable VoIP under threat from Verizon [4] 


Source URL:
http://www.fiercetelecom.com/story/charter-communications-narrows-q1-loss-adds-subscribers/2008-05-13