"Charter Communications Suffers Historic Stock Plunge Due to Surprising Subscriber Losses"

TL;DR Summary
Charter Communications (CHTR) stock plummeted over 15% after reporting a fourth quarter earnings miss and a surprise loss of broadband subscribers, with the company losing 61,000 internet customers compared to gaining 105,000 a year earlier. The decline is attributed to intense competition in the telecommunications industry, leading to concerns among analysts about the extent of subscriber losses and weaker average revenue per user.
Topics:business#business-finance#charter-communications#competition#stock-market#subscriber-loss#telecommunications
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