“2025 customer growth should benefit from 2024 rural passings growth as well as passings growth in 2025.”

In context

“to grow as data usage grows. In the fourth quarter, monthly data usage by our residential Internet customers, who don't have our traditional video product, reached over 800 gigabytes. Our WiFi also continues to improve, driven by our advanced WiFi product and our new WiFi 7 router. Our WiFi supports our converged connectivity product including Spectrum Mobile, which is only in about 8% of passings, but remains the fastest-growing mobile service in the United States and offers the fastest overall speeds. Turning to rural, we ended the quarter with a total of 813,000 subsidized rural passings. We grew those passings by 117,000 in the fourth quarter and by nearly 400,000 over the last 12 months, and we generated 41,000 net customer additions in our subsidized rural footprint in the quarter. 2025 customer growth should benefit from 2024 rural passings growth as well as passings growth in 2025. We expect rural passings growth of approximately 450,000 in 2025, our biggest year so far, in addition to continued non-rural construction and fill-in activity. Moving to fourth quarter revenue results on Slide 11. Over the last year, residential customers declined by 2.2%, while residential revenue per customer relationship grew by 1.7% year-over-year, given promotional rate step-ups, rate adjustments, and the growth of Spectrum Mobile. Those factors were partly offset by a higher mix of non-video customers, growth of lower-priced video packages within our base, $34 million of hurricane-related residential customer credits, and $37 million of costs, which accounting principles required to be allocated to programmer streaming apps and netted within video revenue. As Slide 11 shows, in tot”