“While we continue to assess the potential impact of new tariffs, we don't currently expect tariffs to have a significant impact on our capital expenditures for this year. And over the next several years.”

In context

“ven by one-time benefits of $75 million. Adjusted EBITDA grew by 4.8% year over year in the quarter. And by 3.4% when excluding the one-time benefits and other expense that I mentioned. Turning to net income, we generated $1.2 billion of net income attributable to Charter Communications, Inc. shareholders in the first quarter. Compared to $1.1 billion last year. Given this quarter's higher adjusted EBITDA and lower interest expense, partly offset by a noncash impairment driven by a balance sheet write-down of our LA Laker RSN this quarter. Turning to slide thirteen. Capital expenditures totaled $2.4 billion in the first quarter, down about $400 million from last year's first quarter, driven by the timing of CPE spend, upgrade rebuild related to network evolution, and line extension spend. While we continue to assess the potential impact of new tariffs, we don't currently expect tariffs to have a significant impact on our capital expenditures for this year. And over the next several years. We have attractive agreements with our equipment vendors, we continue to work with them to minimize the impact of tariffs while at the same time supporting the health of the cable equipment ecosystem. We continue to expect total 2025 capital expenditures to reach approximately $12 billion. And we have not changed our multiyear capital outlook. We also don't anticipate the tariffs to have a meaningful impact on our P and L as the vast majority of our P and L expenses are programming, labor, and service driven and are not subject to the new tariffs. Turning to free cash flow on slide fourteen. First quarter free cash totaled $1.6 billion an increase of approximately $1.2 billion compared to last year's first quarter. We The increase was primarily driven by lower capital expenditures, higher”