CLAIM #14159 · Charter Communications Inc (CHTR) · 2023Q4 earnings call · Feb 2, 2024 · due Feb 2, 2026
“But we're going to fully deploy it. It's exciting. It has a great return.”
Chris Winfrey · CEO
In context
“t some point this year. And that's going very well. And the pacing of that really is dictated by a few things. One is, our relationship with Verizon is good and strong. The economics are great. And this is an ROI-based deployment. So, it'll be there -- the returns will be there when we deploy. But interestingly, the more penetrated we become, the more attractive the returns get. And so, from a deployment of capital perspective, CBRS is very exciting. It's a very clear mathematical return. But in an environment where we're deploying as much capital as we are and we have so much active activity on the outside plant in terms of high-split upgrade and construction of new networks, we're just pacing it along the way to manage all those factors in the way that we think about deployment of CBRS. But we're going to fully deploy it. It's exciting. It has a great return. The depth at which we employed in each market, it really is a function of utilization on a geographically specific area, and the attractive agreement and the great relationship that we have with Verizon today. So, that's strategic to us. So, all those factors play into the timing. Sebastiano Petti: Thank you. Operator: Thank you. That was our last question. I'll now turn the call back over to Stefan Anninger. Stefan Anninger: Thanks, operator. Thanks, everyone. We'll see you next quarter. Chris Winfrey: Thank you very much.”
Verify independently
SEC filings for CHTR ↗ · Claim quote is verbatim from the 2023Q4 earnings call.