96 - Charter Communications

A Charter Communications company service van is pictured in Pasadena, California U.S., January 26, 2017. REUTERS/Mario Anzuoni - RTSXKG4 Mario Anzuoni — Reuters

The new Charter is not like the old Charter. What was once three telecommunications companies Charter Communications, Time Warner Cable, and Bright House Networks is now one that calls itself Spectrum to consumers. The new entity, quadruple the size of the old one, gives it a broader U.S. footprint, reach into almost 50 million homes and businesses, and expanded sales and marketing forces. The company was subject to much speculation that it might tie up with larger peer Verizon, but Charter instead partnered with Comcast on an expansive wireless services agreement that requires one to seek the other’s approval for a major transaction with a wireless company.

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Key Metrics & Financials (Last Fiscal Year)

Revenues ($M)$29003
Revenue Percent Change197.3%
Profits ($M)$3,522.0
Profits Percent Change%
Assets ($M)$149067
Market Value — as of March 31, 2017 ($M)$100,595
Previous Rank292

Company Facts

HQ LocationStamford, CT
CEOThomas M. Rutledge
CEO Title-
Years on Fortune 500 List17

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