CLAIM #14294 · Charter Communications Inc (CHTR) · 2024Q4 earnings call · Jan 31, 2025 · due Dec 31, 2026
“Look, Ben, from a outlook perspective, we're really confident about the mid-term, our ability to grow Internet.”
Chris Winfrey · CEO
How to check this claim
Look at: Total Internet (broadband) subscriber net additions/losses, annual
It came true if: Full-year 2025 Internet subscriber net change > full-year 2024 Internet subscriber net change (i.e., improved or positive growth trend)
Where: Company-disclosed subscriber metrics (10-K / quarterly earnings release subscriber tables)
In context
“ood morning. You had, I think, it's about 450,000 ACP-related subscriber losses or impact in '24. I'm just wondering if you guys are thinking you can grow -- you can improve your broadband results in '25 versus '24 when you consider no ACP? Obviously, storms are a wildcard, but you'll have more and more rural footprint behind you. And then, Chris, I can't remember the last time your video subscriber numbers outperformed both customer metrics and broadband metrics. Sounds like you guys are maybe selling into the base a bit and subsidizing that with some broadband. Maybe you to talk a little bit about what's happening inside of your offers and inside the business that's creating this kind of mix shift and how we might think about that as we move forward? Thanks so much. Chris Winfrey: Sure. Look, Ben, from a outlook perspective, we're really confident about the mid-term, our ability to grow Internet. And -- but we're also sensitive to the fact that there's -- you're on the cusp in particular periods of time between net loss versus net gain. And so, I'm not going to comment on short-term small impacts to gross adds or disconnects and have a big impact. But we won't have the ACP losses this year, and so that's a huge benefit. And it's still competitive in terms of fiber and cellphone Internet overlap, but that gives it a little better visibility, as I mentioned, than we had last year. The peak cell phone Internet impact, we seem to have gotten there, and there will be a declining pace of fiber overbuilt. So, you then add on to that in terms of growth rate over time, rule passings, the fact that data consumption continues to increase, investments we've made in network evolution to outpac”
Verify independently
SEC filings for CHTR ↗ · Claim quote is verbatim from the 2024Q4 earnings call.