Charter Communications reported a 3.1% year-over-year increase in revenue, driven by growth in mobile and advertising sales. Residential and SMB Internet customers increased by 75,000, while mobile lines increased by 396,000. Net income attributable to Charter shareholders totaled $1.2 billion.
Total residential and SMB Internet customers increased by 75,000.
Total residential and SMB mobile lines increased by 396,000.
Revenue grew by 3.1% year-over-year, driven by mobile and advertising sales.
Net income attributable to Charter shareholders totaled $1.2 billion.
Charter expects full year 2022 cable capital expenditures, excluding capital expenditures associated with its rural construction initiative, to be between $7.1 billion and $7.3 billion.
Visualization of income flow from segment revenue to net income