Charter Q4 2020 Earnings Report
Key Takeaways
Charter Communications reported a 7.3% increase in revenue to $12.6 billion for Q4 2020, driven by growth in internet, mobile, and advertising. Net income attributable to Charter shareholders increased to $1.2 billion, compared to $714 million in the same period last year. The company added 197,000 total customer relationships and 246,000 internet customers during the quarter.
Charter added 197,000 total customer relationships in Q4 2020.
Internet revenue grew by 11.9% year-over-year to $4.9 billion.
Mobile revenue increased by 80.9% year-over-year.
Net income attributable to Charter shareholders totaled $1.2 billion.
Charter
Charter
Charter Revenue by Segment
Forward Guidance
Charter expects 2021 cable capital expenditures to be relatively consistent or lower as a percentage of cable revenue versus 2020.
Revenue & Expenses
Visualization of income flow from segment revenue to net income