“This allocation should grow over time as more customers authenticate into our streaming application offers, but is neutral to EBITDA.”

In context

“123,000 and by over 440,000 over the last 12 months. And we generated 47,000 net customer additions in our subsidized rural footprint in the quarter. We continue to expect rural passings growth of approximately 450,000 in 2025, in addition to continued nonrural construction and fill-in activity. Moving to second quarter revenue results on Slide 10. Over the last year, residential customers declined by 2.1%, 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 nonvideo customers, growth of lower-priced video packages within our base and $67 million of costs allocated to programmer streaming apps and netted within video revenue. This allocation should grow over time as more customers authenticate into our streaming application offers, but is neutral to EBITDA. As Slide 10 shows, in total, residential revenue declined by 0.4%. Turning to commercial revenue. Total commercial revenue grew by 0.8% year-over-year. With mid-market and large business revenue, formerly Spectrum Enterprise growth of 2.9% and when excluding all wholesale revenue, mid-market and large business revenue grew by 3.5%. Small business revenue declined by 0.6%, reflecting a decline in small business customers with revenue per customer remaining essentially flat year-over-year. Second quarter advertising revenue declined by 6.7%, including the impact of less political revenue. Excluding political, advertising revenue decreased by 4.4% due to a more challenged national and local advertising market, partly offset by our higher advanced advertising and better inventory selling capa”