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CLAIM #14057 · Charter Communications Inc (CHTR) · 2023Q2 earnings call · Jul 28, 2023 · due Dec 31, 2023

we remain on track for deployment later this year.

Chris Winfrey · CEO

PENDING
graded after results covering Dec 31, 2023 are reported

In context

er 45% of our Internet customers have our advanced WiFi product, and over 75% of our mobile customers now attached to the Spectrum Mobile network outside of their homes, providing higher speeds with more reliability to customers with lower cost to Charter. Spectrum One also offers significant savings for customers with market-leading pricing at both promotion and retail. We're excited for the upcoming release of the Xumo product, which I believe will be an industry-leading platform for customers to access all of their linear and DTC video content with unified search and discovery. Together with our Spectrum TV app, the most viewed linear MVPD streaming service in the US, Xumo will be our go-to-market platform for new video sales. We're currently conducting field trials in the product, and we remain on track for deployment later this year. Our expansion initiative with subsidized rural construction is also on plan. Penetration gains in subsidized rural passings continues to grow at a better pace than planned. Charter is the largest and fastest-growing rural provider in the nation. Our scale and reputation as a rural builder positions us well for winning additional state and local funds, and we hope significant BEAD infrastructure funding. Although the rules and recommendations from NTIA on BEAD funding differ from successful programs currently deployed by the states in which we operate, we'll work with key stakeholders and government officials to reach a place where the rules are still conducive to private investment. And finally, we remain committed to the execution of our core operating strategy, which prioritizes custome

Verify independently

SEC filings for CHTR · Claim quote is verbatim from the 2023Q2 earnings call.