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Analyzing Charter Communications’ Strategy for Video Growth

Analyzing Charter Communications’ Strategy for Video Growth

Charter Communications (CHTR) lost net 66,000 residential video subscribers in the third quarter compared to 104,000 net losses in the same period a year earlier. The company’s number of residential video subscribers decreased ~1.6% YoY (year-over-year) to 16.1 million at the end of September 30. This reduction was mainly the result of intense competition from low-cost OTT (over-the-top) video streaming operators.