Cable Operator's Charter surpasses quarterly revenue estimates



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FILE PHOTO: A Charter Communications van is photographed in Pasadena, California, USA, on January 26, 2017. REUTERS / Mario Anzuoni

(Reuters) – Charter Communications Inc. (CBC) Corp. on Tuesday modified previous estimates for first-quarter revenue, as the company is attracting more and more customers for its Internet services, offsetting a decline in the number of subscribers. the video.

The research firm FactSet added that the company had added 398,000 Internet customers in the quarter indicated, a consensus estimate of 344,000.

Total revenue reached $ 11.21 billion against $ 10.66 billion, slightly exceeding the estimated $ 11.2 billion, according to Refinitiv's IBES data.

Report by Akanksha Rana in Bengaluru; Edited by Shounak Dasgupta

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