corporate.charter.com<\/a>.<\/p>\nCAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS<\/p>\n
This communication includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, our plans, strategies and prospects, both business and financial.\u00a0 Although we believe that our plans, intentions and expectations as reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations.\u00a0 Forward-looking statements are inherently subject to risks, uncertainties and assumptions including, without limitation, the factors described under “Risk Factors” from time to time in our filings with the SEC.\u00a0 Many of the forward-looking statements contained in this communication may be identified by the use of forward-looking words such as “believe,” “expect,” “anticipate,” “should,” “planned,” “will,” “may,” “intend,” “estimated,” “aim,” “on track,” “target,” “opportunity,” “tentative,” “positioning,” “designed,” “create,” “predict,” “project,” “initiatives,” “seek,” “would,” “could,” “continue,” “ongoing,” “upside,” “increases,” “grow,” “focused on” and “potential,” among others.\u00a0 Important factors that could cause actual results to differ materially from the forward-looking statements we make in this communication are set forth in our annual report on Form 10-K, and in other reports or documents that we file from time to time with the\u00a0SEC, and include, but are not limited to:<\/p>\n
our ability to sustain and grow revenues and cash flow from operations by offering Internet, video, mobile, voice, advertising and other services to residential and commercial customers, to adequately meet the customer experience demands in our service areas and to maintain and grow our customer base, particularly in the face of increasingly aggressive competition, the need for innovation and the related capital expenditures;the impact of competition from other market participants, including but not limited to incumbent telephone companies, direct broadcast satellite (“DBS”) operators, wireless broadband and telephone providers, digital subscriber line (“DSL”) providers, fiber to the home providers and providers of video content over broadband Internet connections;general business conditions, unemployment levels and the level of activity in the housing sector and economic uncertainty or downturn;our ability to develop and deploy new products and technologies including consumer services and service platforms;any events that disrupt our networks, information systems or properties and impair our operating activities or our reputation;the effects of governmental regulation on our business including subsidies to consumers, subsidies and incentives for competitors, costs, disruptions and possible limitations on operating flexibility related to, and our ability to comply with, regulatory conditions applicable to us;our ability to procure necessary services and equipment from our vendors in a timely manner and at reasonable costs including in connection with our network evolution and rural construction initiatives;our ability to obtain programming at reasonable prices or to raise prices to offset, in whole or in part, the effects of higher programming costs (including retransmission consents and distribution requirements);the ability to hire and retain key personnel;the availability and access, in general, of funds to meet our debt obligations prior to or when they become due and to fund our operations and necessary capital expenditures, either through (i) cash on hand, (ii) free cash flow, or (iii) access to the capital or credit markets;our ability to comply with all covenants in our indentures and credit facilities, any violation of which, if not cured in a timely manner, could trigger a default of our other obligations under cross-default provisions;our ability to satisfy the conditions to consummate the Liberty Broadband combination and\/or the\u00a0Cox Communications\u00a0acquisition and\/or to consummate the Liberty Broadband combination and\/or the\u00a0Cox Communications\u00a0acquisition in a timely manner or at all;the risks related to us being restricted in the operation of our business while the Liberty Broadband merger agreement and the\u00a0Cox Communications\u00a0transaction agreement are in effect;other risks related to the Liberty Broadband combination as described in the definitive joint proxy statement\/prospectus with respect to the combination, filed by Charter on\u00a0January 22, 2025, including the sections entitled “Risk Factors” and “Where You Can Find More Information” included therein; andother risks related to the\u00a0Cox Communications\u00a0acquisition as described in the definitive proxy statement with respect to the acquisition, filed by Charter on\u00a0July 2, 2025, including the sections entitled “Risk Factors” and “Where You Can Find More Information” included therein.<\/p>\n
All forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by this cautionary statement.\u00a0 We are under no duty or obligation to update any of the forward-looking statements after the date of this communication.<\/p>\n
CHARTER COMMUNICATIONS, INC.\u00a0AND SUBSIDIARIES<\/p>\n
UNAUDITED RECONCILIATION OF NON-GAAP MEASURES TO GAAP MEASURES<\/p>\n
(dollars in millions)\u00a0<\/p>\n
\u00a0\u00a0<\/p>\n
Three Months Ended\u00a0
June 30,<\/p>\n
\u00a0<\/p>\n
Six Months Ended
June 30,<\/p>\n
\u00a0<\/p>\n
Last Twelve Months Ended
June 30,<\/p>\n
\u00a0<\/p>\n
2025<\/p>\n
\u00a0<\/p>\n
2024<\/p>\n
\u00a0<\/p>\n
2025<\/p>\n
\u00a0<\/p>\n
2024<\/p>\n
\u00a0<\/p>\n
2025<\/p>\n
\u00a0<\/p>\n
2024<\/p>\n
Net income attributable to Charter shareholders<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,301<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,231<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,518<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,337<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 5,264<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 4,650<\/p>\n
Plus:\u00a0 Net income attributable to noncontrolling interest<\/p>\n
194<\/p>\n
\u00a0<\/p>\n
192<\/p>\n
\u00a0<\/p>\n
386<\/p>\n
\u00a0<\/p>\n
366<\/p>\n
\u00a0<\/p>\n
790<\/p>\n
\u00a0<\/p>\n
718<\/p>\n
Interest expense, net<\/p>\n
1,263<\/p>\n
\u00a0<\/p>\n
1,328<\/p>\n
\u00a0<\/p>\n
2,504<\/p>\n
\u00a0<\/p>\n
2,644<\/p>\n
\u00a0<\/p>\n
5,089<\/p>\n
\u00a0<\/p>\n
5,269<\/p>\n
Income tax expense<\/p>\n
414<\/p>\n
\u00a0<\/p>\n
427<\/p>\n
\u00a0<\/p>\n
859<\/p>\n
\u00a0<\/p>\n
873<\/p>\n
\u00a0<\/p>\n
1,635<\/p>\n
\u00a0<\/p>\n
1,648<\/p>\n
Depreciation and amortization<\/p>\n
2,176<\/p>\n
\u00a0<\/p>\n
2,170<\/p>\n
\u00a0<\/p>\n
4,357<\/p>\n
\u00a0<\/p>\n
4,360<\/p>\n
\u00a0<\/p>\n
8,670<\/p>\n
\u00a0<\/p>\n
8,678<\/p>\n
Stock compensation expense<\/p>\n
157<\/p>\n
\u00a0<\/p>\n
153<\/p>\n
\u00a0<\/p>\n
379<\/p>\n
\u00a0<\/p>\n
367<\/p>\n
\u00a0<\/p>\n
663<\/p>\n
\u00a0<\/p>\n
683<\/p>\n
Other, net<\/p>\n
188<\/p>\n
\u00a0<\/p>\n
164<\/p>\n
\u00a0<\/p>\n
453<\/p>\n
\u00a0<\/p>\n
215<\/p>\n
\u00a0<\/p>\n
752<\/p>\n
\u00a0<\/p>\n
538<\/p>\n
Adjusted EBITDA (a)<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 5,693<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 5,665<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0 11,456<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0 11,162<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0 22,863<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0 22,184<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Net cash flows from operating activities<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3,600<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3,853<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 7,836<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 7,065<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0 15,201<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0 14,864<\/p>\n
Less:\u00a0 Purchases of property, plant and equipment<\/p>\n
(2,874)<\/p>\n
\u00a0<\/p>\n
(2,853)<\/p>\n
\u00a0<\/p>\n
(5,273)<\/p>\n
\u00a0<\/p>\n
(5,644)<\/p>\n
\u00a0<\/p>\n
(10,898)<\/p>\n
\u00a0<\/p>\n
(11,461)<\/p>\n
Change in accrued expenses related to capital expenditures<\/p>\n
320<\/p>\n
\u00a0<\/p>\n
296<\/p>\n
\u00a0<\/p>\n
47<\/p>\n
\u00a0<\/p>\n
233<\/p>\n
\u00a0<\/p>\n
910<\/p>\n
\u00a0<\/p>\n
409<\/p>\n
Free cash flow (a)<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,046<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,296<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,610<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,654<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 5,213<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3,812<\/p>\n
\u00a0<\/p>\n
The above schedule is presented in order to reconcile Adjusted EBITDA and free cash flow, non-GAAP measures, to the most directly comparable GAAP measures in accordance with Section 401(b) of the Sarbanes-Oxley Act.<\/p>\n
\u00a0<\/p>\n
UNAUDITED ALTERNATIVE PRESENTATION OF ADJUSTED EBITDA<\/p>\n
(dollars in millions)\u00a0<\/p>\n
\u00a0\u00a0<\/p>\n
Three Months Ended\u00a0June 30,<\/p>\n
\u00a0<\/p>\n
Six Months Ended\u00a0June 30,<\/p>\n
\u00a0<\/p>\n
2025<\/p>\n
\u00a0<\/p>\n
2024<\/p>\n
\u00a0<\/p>\n
% Change<\/p>\n
\u00a0<\/p>\n
2025<\/p>\n
\u00a0<\/p>\n
2024<\/p>\n
\u00a0<\/p>\n
% Change<\/p>\n
REVENUES:<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Internet<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 5,969<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 5,806<\/p>\n
\u00a0<\/p>\n
2.8\u00a0%<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 11,899<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 11,632<\/p>\n
\u00a0<\/p>\n
2.3\u00a0%<\/p>\n
Video<\/p>\n
3,484<\/p>\n
\u00a0<\/p>\n
3,867<\/p>\n
\u00a0<\/p>\n
(9.9)\u00a0%<\/p>\n
\u00a0<\/p>\n
7,064<\/p>\n
\u00a0<\/p>\n
7,775<\/p>\n
\u00a0<\/p>\n
(9.1)\u00a0%<\/p>\n
Mobile service<\/p>\n
921<\/p>\n
\u00a0<\/p>\n
737<\/p>\n
\u00a0<\/p>\n
24.9\u00a0%<\/p>\n
\u00a0<\/p>\n
1,835<\/p>\n
\u00a0<\/p>\n
1,422<\/p>\n
\u00a0<\/p>\n
29.0\u00a0%<\/p>\n
Voice<\/p>\n
346<\/p>\n
\u00a0<\/p>\n
350<\/p>\n
\u00a0<\/p>\n
(0.8)\u00a0%<\/p>\n
\u00a0<\/p>\n
702<\/p>\n
\u00a0<\/p>\n
724<\/p>\n
\u00a0<\/p>\n
(3.0)\u00a0%<\/p>\n
Residential revenue<\/p>\n
10,720<\/p>\n
\u00a0<\/p>\n
10,760<\/p>\n
\u00a0<\/p>\n
(0.4)\u00a0%<\/p>\n
\u00a0<\/p>\n
21,500<\/p>\n
\u00a0<\/p>\n
21,553<\/p>\n
\u00a0<\/p>\n
(0.2)\u00a0%<\/p>\n
Small business<\/p>\n
1,094<\/p>\n
\u00a0<\/p>\n
1,101<\/p>\n
\u00a0<\/p>\n
(0.6)\u00a0%<\/p>\n
\u00a0<\/p>\n
2,180<\/p>\n
\u00a0<\/p>\n
2,189<\/p>\n
\u00a0<\/p>\n
(0.4)\u00a0%<\/p>\n
Mid-market & large business<\/p>\n
742<\/p>\n
\u00a0<\/p>\n
721<\/p>\n
\u00a0<\/p>\n
2.9\u00a0%<\/p>\n
\u00a0<\/p>\n
1,478<\/p>\n
\u00a0<\/p>\n
1,429<\/p>\n
\u00a0<\/p>\n
3.4\u00a0%<\/p>\n
Commercial revenue<\/p>\n
1,836<\/p>\n
\u00a0<\/p>\n
1,822<\/p>\n
\u00a0<\/p>\n
0.8\u00a0%<\/p>\n
\u00a0<\/p>\n
3,658<\/p>\n
\u00a0<\/p>\n
3,618<\/p>\n
\u00a0<\/p>\n
1.1\u00a0%<\/p>\n
Advertising sales<\/p>\n
371<\/p>\n
\u00a0<\/p>\n
397<\/p>\n
\u00a0<\/p>\n
(6.7)\u00a0%<\/p>\n
\u00a0<\/p>\n
711<\/p>\n
\u00a0<\/p>\n
788<\/p>\n
\u00a0<\/p>\n
(9.8)\u00a0%<\/p>\n
Other<\/p>\n
839<\/p>\n
\u00a0<\/p>\n
706<\/p>\n
\u00a0<\/p>\n
18.9\u00a0%<\/p>\n
\u00a0<\/p>\n
1,632<\/p>\n
\u00a0<\/p>\n
1,405<\/p>\n
\u00a0<\/p>\n
16.1\u00a0%<\/p>\n
Total Revenues<\/p>\n
13,766<\/p>\n
\u00a0<\/p>\n
13,685<\/p>\n
\u00a0<\/p>\n
0.6\u00a0%<\/p>\n
\u00a0<\/p>\n
27,501<\/p>\n
\u00a0<\/p>\n
27,364<\/p>\n
\u00a0<\/p>\n
0.5\u00a0%<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
COSTS AND EXPENSES:<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Programming<\/p>\n
2,253<\/p>\n
\u00a0<\/p>\n
2,472<\/p>\n
\u00a0<\/p>\n
(8.8)\u00a0%<\/p>\n
\u00a0<\/p>\n
4,555<\/p>\n
\u00a0<\/p>\n
5,042<\/p>\n
\u00a0<\/p>\n
(9.6)\u00a0%<\/p>\n
Other costs of revenue<\/p>\n
1,651<\/p>\n
\u00a0<\/p>\n
1,538<\/p>\n
\u00a0<\/p>\n
7.3\u00a0%<\/p>\n
\u00a0<\/p>\n
3,235<\/p>\n
\u00a0<\/p>\n
2,996<\/p>\n
\u00a0<\/p>\n
8.0\u00a0%<\/p>\n
Field and technology operations<\/p>\n
1,294<\/p>\n
\u00a0<\/p>\n
1,241<\/p>\n
\u00a0<\/p>\n
4.3\u00a0%<\/p>\n
\u00a0<\/p>\n
2,584<\/p>\n
\u00a0<\/p>\n
2,539<\/p>\n
\u00a0<\/p>\n
1.7\u00a0%<\/p>\n
Customer operations<\/p>\n
791<\/p>\n
\u00a0<\/p>\n
767<\/p>\n
\u00a0<\/p>\n
3.0\u00a0%<\/p>\n
\u00a0<\/p>\n
1,577<\/p>\n
\u00a0<\/p>\n
1,591<\/p>\n
\u00a0<\/p>\n
(0.9)\u00a0%<\/p>\n
Marketing and residential sales<\/p>\n
958<\/p>\n
\u00a0<\/p>\n
882<\/p>\n
\u00a0<\/p>\n
8.6\u00a0%<\/p>\n
\u00a0<\/p>\n
1,907<\/p>\n
\u00a0<\/p>\n
1,763<\/p>\n
\u00a0<\/p>\n
8.1\u00a0%<\/p>\n
Other expense (b)<\/p>\n
1,126<\/p>\n
\u00a0<\/p>\n
1,120<\/p>\n
\u00a0<\/p>\n
0.6\u00a0%<\/p>\n
\u00a0<\/p>\n
2,187<\/p>\n
\u00a0<\/p>\n
2,271<\/p>\n
\u00a0<\/p>\n
(3.7)\u00a0%<\/p>\n
Total operating costs and expenses (b)<\/p>\n
8,073<\/p>\n
\u00a0<\/p>\n
8,020<\/p>\n
\u00a0<\/p>\n
0.6\u00a0%<\/p>\n
\u00a0<\/p>\n
16,045<\/p>\n
\u00a0<\/p>\n
16,202<\/p>\n
\u00a0<\/p>\n
(1.0)\u00a0%<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Adjusted EBITDA (a)<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 5,693<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 5,665<\/p>\n
\u00a0<\/p>\n
0.5\u00a0%<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 11,456<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 11,162<\/p>\n
\u00a0<\/p>\n
2.6\u00a0%<\/p>\n
\u00a0<\/p>\n
All percentages are calculated using whole numbers. Minor differences may exist due to rounding.\u00a0<\/p>\n
\u00a0<\/p>\n
See footnotes on page 7.<\/p>\n
\u00a0<\/p>\n
CHARTER COMMUNICATIONS, INC.\u00a0AND SUBSIDIARIES\u00a0<\/p>\n
UNAUDITED\u00a0CONSOLIDATED STATEMENTS OF OPERATIONS<\/p>\n
(dollars in millions, except per share data)<\/p>\n
\u00a0\u00a0<\/p>\n
Three Months Ended\u00a0June 30,<\/p>\n
\u00a0<\/p>\n
Six Months Ended\u00a0June 30,<\/p>\n
\u00a0<\/p>\n
2025<\/p>\n
\u00a0<\/p>\n
2024<\/p>\n
\u00a0<\/p>\n
2025<\/p>\n
\u00a0<\/p>\n
2024<\/p>\n
REVENUES<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 13,766<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 13,685<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 27,501<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 27,364<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
COSTS AND EXPENSES:<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Operating costs and expenses (exclusive of items shown separately below)<\/p>\n
8,230<\/p>\n
\u00a0<\/p>\n
8,173<\/p>\n
\u00a0<\/p>\n
16,424<\/p>\n
\u00a0<\/p>\n
16,569<\/p>\n
Depreciation and amortization<\/p>\n
2,176<\/p>\n
\u00a0<\/p>\n
2,170<\/p>\n
\u00a0<\/p>\n
4,357<\/p>\n
\u00a0<\/p>\n
4,360<\/p>\n
Other operating expenses, net<\/p>\n
81<\/p>\n
\u00a0<\/p>\n
79<\/p>\n
\u00a0<\/p>\n
204<\/p>\n
\u00a0<\/p>\n
41<\/p>\n
\u00a0<\/p>\n
10,487<\/p>\n
\u00a0<\/p>\n
10,422<\/p>\n
\u00a0<\/p>\n
20,985<\/p>\n
\u00a0<\/p>\n
20,970<\/p>\n
Income from operations<\/p>\n
3,279<\/p>\n
\u00a0<\/p>\n
3,263<\/p>\n
\u00a0<\/p>\n
6,516<\/p>\n
\u00a0<\/p>\n
6,394<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
OTHER INCOME (EXPENSES):<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Interest expense, net<\/p>\n
(1,263)<\/p>\n
\u00a0<\/p>\n
(1,328)<\/p>\n
\u00a0<\/p>\n
(2,504)<\/p>\n
\u00a0<\/p>\n
(2,644)<\/p>\n
Other expenses, net<\/p>\n
(107)<\/p>\n
\u00a0<\/p>\n
(85)<\/p>\n
\u00a0<\/p>\n
(249)<\/p>\n
\u00a0<\/p>\n
(174)<\/p>\n
\u00a0<\/p>\n
(1,370)<\/p>\n
\u00a0<\/p>\n
(1,413)<\/p>\n
\u00a0<\/p>\n
(2,753)<\/p>\n
\u00a0<\/p>\n
(2,818)<\/p>\n
Income before income taxes<\/p>\n
1,909<\/p>\n
\u00a0<\/p>\n
1,850<\/p>\n
\u00a0<\/p>\n
3,763<\/p>\n
\u00a0<\/p>\n
3,576<\/p>\n
Income tax expense<\/p>\n
(414)<\/p>\n
\u00a0<\/p>\n
(427)<\/p>\n
\u00a0<\/p>\n
(859)<\/p>\n
\u00a0<\/p>\n
(873)<\/p>\n
Consolidated net income<\/p>\n
1,495<\/p>\n
\u00a0<\/p>\n
1,423<\/p>\n
\u00a0<\/p>\n
2,904<\/p>\n
\u00a0<\/p>\n
2,703<\/p>\n
Less: Net income attributable to noncontrolling interests<\/p>\n
(194)<\/p>\n
\u00a0<\/p>\n
(192)<\/p>\n
\u00a0<\/p>\n
(386)<\/p>\n
\u00a0<\/p>\n
(366)<\/p>\n
Net income attributable to Charter shareholders<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,301<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,231<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,518<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,337<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
EARNINGS PER COMMON SHARE ATTRIBUTABLE TO CHARTER SHAREHOLDERS:<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Basic<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 9.41<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 8.58<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 18.00<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 16.24<\/p>\n
Diluted<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 9.18<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 8.49<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 17.59<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 16.03<\/p>\n
Weighted average common shares outstanding, basic<\/p>\n
138,205,810<\/p>\n
\u00a0<\/p>\n
143,329,828<\/p>\n
\u00a0<\/p>\n
139,889,251<\/p>\n
\u00a0<\/p>\n
143,920,073<\/p>\n
Weighted average common shares outstanding, diluted<\/p>\n
141,684,415<\/p>\n
\u00a0<\/p>\n
144,914,860<\/p>\n
\u00a0<\/p>\n
143,098,493<\/p>\n
\u00a0<\/p>\n
145,742,397<\/p>\n
\u00a0<\/p>\n
CHARTER COMMUNICATIONS, INC.\u00a0AND SUBSIDIARIES\u00a0<\/p>\n
CONDENSED\u00a0CONSOLIDATED BALANCE SHEETS<\/p>\n
(dollars in millions)\u00a0<\/p>\n
\u00a0\u00a0<\/p>\n
June 30,<\/p>\n
\u00a0<\/p>\n
December 31,<\/p>\n
\u00a0<\/p>\n
2025<\/p>\n
\u00a0<\/p>\n
2024<\/p>\n
ASSETS<\/p>\n
(unaudited)<\/p>\n
\u00a0\u00a0<\/p>\n
CURRENT ASSETS:<\/p>\n
\u00a0\u00a0\u00a0<\/p>\n
Cash and cash equivalents<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 606<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 459<\/p>\n
Accounts receivable, net<\/p>\n
3,549<\/p>\n
\u00a0<\/p>\n
3,097<\/p>\n
Prepaid expenses and other current assets<\/p>\n
657<\/p>\n
\u00a0<\/p>\n
677<\/p>\n
Total current assets<\/p>\n
4,812<\/p>\n
\u00a0<\/p>\n
4,233<\/p>\n
\u00a0\u00a0\u00a0\u00a0<\/p>\n
INVESTMENT IN CABLE PROPERTIES:<\/p>\n
\u00a0\u00a0\u00a0<\/p>\n
Property, plant and equipment, net<\/p>\n
44,187<\/p>\n
\u00a0<\/p>\n
42,913<\/p>\n
Customer relationships, net<\/p>\n
672<\/p>\n
\u00a0<\/p>\n
975<\/p>\n
Franchises<\/p>\n
67,468<\/p>\n
\u00a0<\/p>\n
67,462<\/p>\n
Goodwill<\/p>\n
29,674<\/p>\n
\u00a0<\/p>\n
29,674<\/p>\n
Total investment in cable properties, net<\/p>\n
142,001<\/p>\n
\u00a0<\/p>\n
141,024<\/p>\n
\u00a0\u00a0\u00a0\u00a0<\/p>\n
OTHER NONCURRENT ASSETS<\/p>\n
4,776<\/p>\n
\u00a0<\/p>\n
4,763<\/p>\n
\u00a0\u00a0\u00a0\u00a0<\/p>\n
Total assets<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 151,589<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 150,020<\/p>\n
\u00a0\u00a0\u00a0\u00a0<\/p>\n
LIABILITIES AND SHAREHOLDERS’ EQUITY<\/p>\n
\u00a0\u00a0\u00a0<\/p>\n
CURRENT LIABILITIES:<\/p>\n
\u00a0\u00a0\u00a0<\/p>\n
Accounts payable, accrued and other current liabilities<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 12,007<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 11,687<\/p>\n
Current portion of long-term debt<\/p>\n
2,549<\/p>\n
\u00a0<\/p>\n
1,799<\/p>\n
Total current liabilities<\/p>\n
14,556<\/p>\n
\u00a0<\/p>\n
13,486<\/p>\n
\u00a0\u00a0\u00a0\u00a0<\/p>\n
LONG-TERM DEBT<\/p>\n
91,863<\/p>\n
\u00a0<\/p>\n
92,134<\/p>\n
EQUIPMENT INSTALLMENT PLAN FINANCING FACILITY<\/p>\n
1,306<\/p>\n
\u00a0<\/p>\n
1,072<\/p>\n
DEFERRED INCOME TAXES<\/p>\n
18,757<\/p>\n
\u00a0<\/p>\n
18,845<\/p>\n
OTHER LONG-TERM LIABILITIES<\/p>\n
4,739<\/p>\n
\u00a0<\/p>\n
4,776<\/p>\n
\u00a0\u00a0\u00a0\u00a0<\/p>\n
SHAREHOLDERS’ EQUITY:<\/p>\n
\u00a0\u00a0\u00a0<\/p>\n
Controlling interest<\/p>\n
16,209<\/p>\n
\u00a0<\/p>\n
15,587<\/p>\n
Noncontrolling interests<\/p>\n
4,159<\/p>\n
\u00a0<\/p>\n
4,120<\/p>\n
Total shareholders’ equity<\/p>\n
20,368<\/p>\n
\u00a0<\/p>\n
19,707<\/p>\n
\u00a0\u00a0\u00a0\u00a0<\/p>\n
Total liabilities and shareholders’ equity<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 151,589<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 150,020<\/p>\n
\u00a0<\/p>\n
CHARTER COMMUNICATIONS, INC.\u00a0AND SUBSIDIARIES\u00a0<\/p>\n
UNAUDITED\u00a0CONSOLIDATED STATEMENTS OF CASH FLOWS<\/p>\n
(dollars in millions)\u00a0<\/p>\n
\u00a0\u00a0<\/p>\n
Three Months Ended\u00a0June 30,<\/p>\n
\u00a0<\/p>\n
Six Months Ended\u00a0June 30,<\/p>\n
\u00a0<\/p>\n
2025<\/p>\n
\u00a0<\/p>\n
2024<\/p>\n
\u00a0<\/p>\n
2025<\/p>\n
\u00a0<\/p>\n
2024<\/p>\n
CASH FLOWS FROM OPERATING ACTIVITIES:<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Consolidated net income<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,495<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,423<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,904<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,703<\/p>\n
Adjustments to reconcile consolidated net income to net cash flows from operating activities:<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Depreciation and amortization<\/p>\n
2,176<\/p>\n
\u00a0<\/p>\n
2,170<\/p>\n
\u00a0<\/p>\n
4,357<\/p>\n
\u00a0<\/p>\n
4,360<\/p>\n
Stock compensation expense<\/p>\n
157<\/p>\n
\u00a0<\/p>\n
153<\/p>\n
\u00a0<\/p>\n
379<\/p>\n
\u00a0<\/p>\n
367<\/p>\n
Noncash interest, net<\/p>\n
7<\/p>\n
\u00a0<\/p>\n
8<\/p>\n
\u00a0<\/p>\n
15<\/p>\n
\u00a0<\/p>\n
16<\/p>\n
Deferred income taxes<\/p>\n
(53)<\/p>\n
\u00a0<\/p>\n
(34)<\/p>\n
\u00a0<\/p>\n
(80)<\/p>\n
\u00a0<\/p>\n
(13)<\/p>\n
Other, net<\/p>\n
117<\/p>\n
\u00a0<\/p>\n
90<\/p>\n
\u00a0<\/p>\n
350<\/p>\n
\u00a0<\/p>\n
105<\/p>\n
Changes in operating assets and liabilities, net of effects from acquisitions and dispositions:<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Accounts receivable<\/p>\n
(238)<\/p>\n
\u00a0<\/p>\n
6<\/p>\n
\u00a0<\/p>\n
(286)<\/p>\n
\u00a0<\/p>\n
(33)<\/p>\n
Prepaid expenses and other assets<\/p>\n
66<\/p>\n
\u00a0<\/p>\n
101<\/p>\n
\u00a0<\/p>\n
(169)<\/p>\n
\u00a0<\/p>\n
(265)<\/p>\n
Accounts payable, accrued liabilities and other<\/p>\n
(127)<\/p>\n
\u00a0<\/p>\n
(64)<\/p>\n
\u00a0<\/p>\n
366<\/p>\n
\u00a0<\/p>\n
(175)<\/p>\n
Net cash flows from operating activities<\/p>\n
3,600<\/p>\n
\u00a0<\/p>\n
3,853<\/p>\n
\u00a0<\/p>\n
7,836<\/p>\n
\u00a0<\/p>\n
7,065<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
CASH FLOWS FROM INVESTING ACTIVITIES:<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Purchases of property, plant and equipment<\/p>\n
(2,874)<\/p>\n
\u00a0<\/p>\n
(2,853)<\/p>\n
\u00a0<\/p>\n
(5,273)<\/p>\n
\u00a0<\/p>\n
(5,644)<\/p>\n
Change in accrued expenses related to capital expenditures<\/p>\n
320<\/p>\n
\u00a0<\/p>\n
296<\/p>\n
\u00a0<\/p>\n
47<\/p>\n
\u00a0<\/p>\n
233<\/p>\n
Other, net<\/p>\n
(67)<\/p>\n
\u00a0<\/p>\n
(172)<\/p>\n
\u00a0<\/p>\n
(199)<\/p>\n
\u00a0<\/p>\n
(225)<\/p>\n
Net cash flows from investing activities<\/p>\n
(2,621)<\/p>\n
\u00a0<\/p>\n
(2,729)<\/p>\n
\u00a0<\/p>\n
(5,425)<\/p>\n
\u00a0<\/p>\n
(5,636)<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
CASH FLOWS FROM FINANCING ACTIVITIES:<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Borrowings of long-term debt<\/p>\n
3,723<\/p>\n
\u00a0<\/p>\n
8,822<\/p>\n
\u00a0<\/p>\n
5,116<\/p>\n
\u00a0<\/p>\n
14,743<\/p>\n
Borrowings of equipment installment plan financing facility<\/p>\n
112<\/p>\n
\u00a0<\/p>\n
876<\/p>\n
\u00a0<\/p>\n
233<\/p>\n
\u00a0<\/p>\n
876<\/p>\n
Repayments of long-term debt<\/p>\n
(3,184)<\/p>\n
\u00a0<\/p>\n
(10,068)<\/p>\n
\u00a0<\/p>\n
(4,793)<\/p>\n
\u00a0<\/p>\n
(15,784)<\/p>\n
Payments for debt issuance costs<\/p>\n
(1)<\/p>\n
\u00a0<\/p>\n
(25)<\/p>\n
\u00a0<\/p>\n
(1)<\/p>\n
\u00a0<\/p>\n
(27)<\/p>\n
Purchase of treasury stock<\/p>\n
(1,451)<\/p>\n
\u00a0<\/p>\n
(361)<\/p>\n
\u00a0<\/p>\n
(2,253)<\/p>\n
\u00a0<\/p>\n
(877)<\/p>\n
Proceeds from exercise of stock options<\/p>\n
2<\/p>\n
\u00a0<\/p>\n
\u2014<\/p>\n
\u00a0<\/p>\n
19<\/p>\n
\u00a0<\/p>\n
2<\/p>\n
Purchase of noncontrolling interest<\/p>\n
(232)<\/p>\n
\u00a0<\/p>\n
(46)<\/p>\n
\u00a0<\/p>\n
(252)<\/p>\n
\u00a0<\/p>\n
(141)<\/p>\n
Distributions to noncontrolling interest<\/p>\n
(121)<\/p>\n
\u00a0<\/p>\n
(61)<\/p>\n
\u00a0<\/p>\n
(124)<\/p>\n
\u00a0<\/p>\n
(64)<\/p>\n
Other, net<\/p>\n
(44)<\/p>\n
\u00a0<\/p>\n
(280)<\/p>\n
\u00a0<\/p>\n
(213)<\/p>\n
\u00a0<\/p>\n
(224)<\/p>\n
Net cash flows from financing activities<\/p>\n
(1,196)<\/p>\n
\u00a0<\/p>\n
(1,143)<\/p>\n
\u00a0<\/p>\n
(2,268)<\/p>\n
\u00a0<\/p>\n
(1,496)<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH<\/p>\n
(217)<\/p>\n
\u00a0<\/p>\n
(19)<\/p>\n
\u00a0<\/p>\n
143<\/p>\n
\u00a0<\/p>\n
(67)<\/p>\n
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period<\/p>\n
866<\/p>\n
\u00a0<\/p>\n
661<\/p>\n
\u00a0<\/p>\n
506<\/p>\n
\u00a0<\/p>\n
709<\/p>\n
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 649<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 642<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 649<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 642<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
CASH PAID FOR INTEREST<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,444<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,362<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,439<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,598<\/p>\n
CASH PAID FOR INCOME TAXES<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 657<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 569<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 713<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 647<\/p>\n
\u00a0<\/p>\n
As of\u00a0June\u00a030, 2025,\u00a0December\u00a031, 2024\u00a0and\u00a0June\u00a030, 2024, cash, cash equivalents and restricted cash includes\u00a0$43 million,\u00a0$47 million\u00a0and\u00a0$40 million\u00a0of restricted cash included in prepaid expenses and other current assets in the consolidated balance sheets, respectively.<\/p>\n
\u00a0<\/p>\n
\u00a0<\/p>\n
CHARTER COMMUNICATIONS, INC.\u00a0AND SUBSIDIARIES\u00a0<\/p>\n
UNAUDITED SUMMARY OF OPERATING STATISTICS<\/p>\n
(in thousands, except per customer and penetration data)<\/p>\n
\u00a0\u00a0\u00a0<\/p>\n
Approximate as of<\/p>\n
\u00a0\u00a0<\/p>\n
June 30,\u00a0
2025 (c)<\/p>\n
\u00a0<\/p>\n
March 31,\u00a0
2025 (c)<\/p>\n
\u00a0<\/p>\n
December 31,\u00a0
2024 (c)<\/p>\n
\u00a0<\/p>\n
June 30,\u00a0
2024 (c)<\/p>\n
Footprint<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Estimated Passings (d)<\/p>\n
\u00a0<\/p>\n
57,540<\/p>\n
\u00a0<\/p>\n
57,167<\/p>\n
\u00a0<\/p>\n
56,861<\/p>\n
\u00a0<\/p>\n
56,110<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Customer Relationships (e)<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Residential<\/p>\n
\u00a0<\/p>\n
29,006<\/p>\n
\u00a0<\/p>\n
29,160<\/p>\n
\u00a0<\/p>\n
29,258<\/p>\n
\u00a0<\/p>\n
29,615<\/p>\n
Small Business<\/p>\n
\u00a0<\/p>\n
2,201<\/p>\n
\u00a0<\/p>\n
2,209<\/p>\n
\u00a0<\/p>\n
2,215<\/p>\n
\u00a0<\/p>\n
2,222<\/p>\n
Total Customer Relationships<\/p>\n
\u00a0<\/p>\n
31,207<\/p>\n
\u00a0<\/p>\n
31,369<\/p>\n
\u00a0<\/p>\n
31,473<\/p>\n
\u00a0<\/p>\n
31,837<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Residential<\/p>\n
\u00a0<\/p>\n
(154)<\/p>\n
\u00a0<\/p>\n
(98)<\/p>\n
\u00a0<\/p>\n
(207)<\/p>\n
\u00a0<\/p>\n
(182)<\/p>\n
Small Business<\/p>\n
\u00a0<\/p>\n
(8)<\/p>\n
\u00a0<\/p>\n
(6)<\/p>\n
\u00a0<\/p>\n
(8)<\/p>\n
\u00a0<\/p>\n
3<\/p>\n
Total Customer Relationships Quarterly Net Additions<\/p>\n
\u00a0<\/p>\n
(162)<\/p>\n
\u00a0<\/p>\n
(104)<\/p>\n
\u00a0<\/p>\n
(215)<\/p>\n
\u00a0<\/p>\n
(179)<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Total Customer Relationship Penetration of Estimated Passings (f)<\/p>\n
\u00a0<\/p>\n
54.2\u00a0%<\/p>\n
\u00a0<\/p>\n
54.9\u00a0%<\/p>\n
\u00a0<\/p>\n
55.4\u00a0%<\/p>\n
\u00a0<\/p>\n
56.7\u00a0%<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Monthly Residential Revenue per Residential Customer (g)<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 122.86<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 123.06<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 121.40<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 120.77<\/p>\n
Monthly Small Business Revenue per Small Business Customer (h)<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 165.44<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 163.68<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 163.14<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 165.28<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Residential Customer Relationships Penetration<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
One Product Penetration (i)<\/p>\n
\u00a0<\/p>\n
47.2\u00a0%<\/p>\n
\u00a0<\/p>\n
47.6\u00a0%<\/p>\n
\u00a0<\/p>\n
47.6\u00a0%<\/p>\n
\u00a0<\/p>\n
47.7\u00a0%<\/p>\n
Two Product Penetration (i)<\/p>\n
\u00a0<\/p>\n
34.8\u00a0%<\/p>\n
\u00a0<\/p>\n
34.3\u00a0%<\/p>\n
\u00a0<\/p>\n
33.9\u00a0%<\/p>\n
\u00a0<\/p>\n
33.2\u00a0%<\/p>\n
Three or More Product Penetration (i)<\/p>\n
\u00a0<\/p>\n
18.0\u00a0%<\/p>\n
\u00a0<\/p>\n
18.1\u00a0%<\/p>\n
\u00a0<\/p>\n
18.5\u00a0%<\/p>\n
\u00a0<\/p>\n
19.2\u00a0%<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
% Residential Non-Video Customer Relationships<\/p>\n
\u00a0<\/p>\n
58.3\u00a0%<\/p>\n
\u00a0<\/p>\n
58.3\u00a0%<\/p>\n
\u00a0<\/p>\n
57.9\u00a0%<\/p>\n
\u00a0<\/p>\n
57.1\u00a0%<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Internet<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Residential<\/p>\n
\u00a0<\/p>\n
27,868<\/p>\n
\u00a0<\/p>\n
27,979<\/p>\n
\u00a0<\/p>\n
28,034<\/p>\n
\u00a0<\/p>\n
28,318<\/p>\n
Small Business<\/p>\n
\u00a0<\/p>\n
2,035<\/p>\n
\u00a0<\/p>\n
2,041<\/p>\n
\u00a0<\/p>\n
2,046<\/p>\n
\u00a0<\/p>\n
2,049<\/p>\n
Total Internet Customers<\/p>\n
\u00a0<\/p>\n
29,903<\/p>\n
\u00a0<\/p>\n
30,020<\/p>\n
\u00a0<\/p>\n
30,080<\/p>\n
\u00a0<\/p>\n
30,367<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Residential<\/p>\n
\u00a0<\/p>\n
(111)<\/p>\n
\u00a0<\/p>\n
(55)<\/p>\n
\u00a0<\/p>\n
(171)<\/p>\n
\u00a0<\/p>\n
(154)<\/p>\n
Small Business<\/p>\n
\u00a0<\/p>\n
(6)<\/p>\n
\u00a0<\/p>\n
(5)<\/p>\n
\u00a0<\/p>\n
(6)<\/p>\n
\u00a0<\/p>\n
5<\/p>\n
Total Internet Quarterly Net Additions<\/p>\n
\u00a0<\/p>\n
(117)<\/p>\n
\u00a0<\/p>\n
(60)<\/p>\n
\u00a0<\/p>\n
(177)<\/p>\n
\u00a0<\/p>\n
(149)<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Video<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Residential<\/p>\n
\u00a0<\/p>\n
12,087<\/p>\n
\u00a0<\/p>\n
12,160<\/p>\n
\u00a0<\/p>\n
12,327<\/p>\n
\u00a0<\/p>\n
12,718<\/p>\n
Small Business<\/p>\n
\u00a0<\/p>\n
544<\/p>\n
\u00a0<\/p>\n
551<\/p>\n
\u00a0<\/p>\n
565<\/p>\n
\u00a0<\/p>\n
591<\/p>\n
Total Video Customers<\/p>\n
\u00a0<\/p>\n
12,631<\/p>\n
\u00a0<\/p>\n
12,711<\/p>\n
\u00a0<\/p>\n
12,892<\/p>\n
\u00a0<\/p>\n
13,309<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Residential<\/p>\n
\u00a0<\/p>\n
(73)<\/p>\n
\u00a0<\/p>\n
(167)<\/p>\n
\u00a0<\/p>\n
(110)<\/p>\n
\u00a0<\/p>\n
(393)<\/p>\n
Small Business<\/p>\n
\u00a0<\/p>\n
(7)<\/p>\n
\u00a0<\/p>\n
(14)<\/p>\n
\u00a0<\/p>\n
(13)<\/p>\n
\u00a0<\/p>\n
(15)<\/p>\n
Total Video Quarterly Net Additions<\/p>\n
\u00a0<\/p>\n
(80)<\/p>\n
\u00a0<\/p>\n
(181)<\/p>\n
\u00a0<\/p>\n
(123)<\/p>\n
\u00a0<\/p>\n
(408)<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Mobile Lines (j)<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Residential<\/p>\n
\u00a0<\/p>\n
10,542<\/p>\n
\u00a0<\/p>\n
10,063<\/p>\n
\u00a0<\/p>\n
9,568<\/p>\n
\u00a0<\/p>\n
8,531<\/p>\n
Small Business<\/p>\n
\u00a0<\/p>\n
355<\/p>\n
\u00a0<\/p>\n
334<\/p>\n
\u00a0<\/p>\n
315<\/p>\n
\u00a0<\/p>\n
278<\/p>\n
Total Mobile Lines<\/p>\n
\u00a0<\/p>\n
10,897<\/p>\n
\u00a0<\/p>\n
10,397<\/p>\n
\u00a0<\/p>\n
9,883<\/p>\n
\u00a0<\/p>\n
8,809<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Residential<\/p>\n
\u00a0<\/p>\n
479<\/p>\n
\u00a0<\/p>\n
495<\/p>\n
\u00a0<\/p>\n
511<\/p>\n
\u00a0<\/p>\n
539<\/p>\n
Small Business<\/p>\n
\u00a0<\/p>\n
21<\/p>\n
\u00a0<\/p>\n
19<\/p>\n
\u00a0<\/p>\n
18<\/p>\n
\u00a0<\/p>\n
18<\/p>\n
Total Mobile Lines Quarterly Net Additions<\/p>\n
\u00a0<\/p>\n
500<\/p>\n
\u00a0<\/p>\n
514<\/p>\n
\u00a0<\/p>\n
529<\/p>\n
\u00a0<\/p>\n
557<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Voice<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Residential<\/p>\n
\u00a0<\/p>\n
5,161<\/p>\n
\u00a0<\/p>\n
5,372<\/p>\n
\u00a0<\/p>\n
5,636<\/p>\n
\u00a0<\/p>\n
6,170<\/p>\n
Small Business<\/p>\n
\u00a0<\/p>\n
1,225<\/p>\n
\u00a0<\/p>\n
1,234<\/p>\n
\u00a0<\/p>\n
1,248<\/p>\n
\u00a0<\/p>\n
1,276<\/p>\n
Total Voice Customers<\/p>\n
\u00a0<\/p>\n
6,386<\/p>\n
\u00a0<\/p>\n
6,606<\/p>\n
\u00a0<\/p>\n
6,884<\/p>\n
\u00a0<\/p>\n
7,446<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Residential<\/p>\n
\u00a0<\/p>\n
(211)<\/p>\n
\u00a0<\/p>\n
(264)<\/p>\n
\u00a0<\/p>\n
(259)<\/p>\n
\u00a0<\/p>\n
(268)<\/p>\n
Small Business<\/p>\n
\u00a0<\/p>\n
(9)<\/p>\n
\u00a0<\/p>\n
(14)<\/p>\n
\u00a0<\/p>\n
(15)<\/p>\n
\u00a0<\/p>\n
(12)<\/p>\n
Total Voice Quarterly Net Additions<\/p>\n
\u00a0<\/p>\n
(220)<\/p>\n
\u00a0<\/p>\n
(278)<\/p>\n
\u00a0<\/p>\n
(274)<\/p>\n
\u00a0<\/p>\n
(280)<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Mid-Market & Large Business (k)<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Mid-Market & Large Business Primary Service Units (“PSUs”)<\/p>\n
\u00a0<\/p>\n
331<\/p>\n
\u00a0<\/p>\n
324<\/p>\n
\u00a0<\/p>\n
319<\/p>\n
\u00a0<\/p>\n
312<\/p>\n
Mid-Market & Large Business Quarterly Net Additions<\/p>\n
\u00a0<\/p>\n
7<\/p>\n
\u00a0<\/p>\n
5<\/p>\n
\u00a0<\/p>\n
4<\/p>\n
\u00a0<\/p>\n
4<\/p>\n
\u00a0<\/p>\n
See footnotes on page 7.<\/p>\n
\u00a0<\/p>\n
CHARTER COMMUNICATIONS, INC.\u00a0AND SUBSIDIARIES<\/p>\n
\u00a0UNAUDITED CAPITAL EXPENDITURES<\/p>\n
(dollars in millions)\u00a0<\/p>\n
\u00a0\u00a0<\/p>\n
Three Months Ended\u00a0June 30,<\/p>\n
\u00a0<\/p>\n
Six Months Ended\u00a0June 30,<\/p>\n
\u00a0<\/p>\n
2025<\/p>\n
\u00a0<\/p>\n
2024<\/p>\n
\u00a0<\/p>\n
2025<\/p>\n
\u00a0<\/p>\n
2024<\/p>\n
Customer premise equipment (l)<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 593<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 562<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,066<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,197<\/p>\n
Scalable infrastructure (m)<\/p>\n
371<\/p>\n
\u00a0<\/p>\n
362<\/p>\n
\u00a0<\/p>\n
664<\/p>\n
\u00a0<\/p>\n
690<\/p>\n
Upgrade\/rebuild (n)<\/p>\n
457<\/p>\n
\u00a0<\/p>\n
389<\/p>\n
\u00a0<\/p>\n
852<\/p>\n
\u00a0<\/p>\n
870<\/p>\n
Support capital (o)<\/p>\n
425<\/p>\n
\u00a0<\/p>\n
421<\/p>\n
\u00a0<\/p>\n
785<\/p>\n
\u00a0<\/p>\n
809<\/p>\n
Capital expenditures, excluding line extensions<\/p>\n
1,846<\/p>\n
\u00a0<\/p>\n
1,734<\/p>\n
\u00a0<\/p>\n
3,367<\/p>\n
\u00a0<\/p>\n
3,566<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Subsidized rural construction line extensions<\/p>\n
543<\/p>\n
\u00a0<\/p>\n
565<\/p>\n
\u00a0<\/p>\n
1,010<\/p>\n
\u00a0<\/p>\n
992<\/p>\n
Other line extensions<\/p>\n
485<\/p>\n
\u00a0<\/p>\n
554<\/p>\n
\u00a0<\/p>\n
896<\/p>\n
\u00a0<\/p>\n
1,086<\/p>\n
Total line extensions (p)<\/p>\n
1,028<\/p>\n
\u00a0<\/p>\n
1,119<\/p>\n
\u00a0<\/p>\n
1,906<\/p>\n
\u00a0<\/p>\n
2,078<\/p>\n
Total capital expenditures<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,874<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,853<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 5,273<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 5,644<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Capital expenditures included in total related to:<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
Commercial services<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 324<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 382<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 597<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 757<\/p>\n
Subsidized rural construction initiative (q)<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 545<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 567<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,013<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 994<\/p>\n
Mobile<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 59<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 64<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 112<\/p>\n
\u00a0<\/p>\n
$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 123<\/p>\n
\u00a0<\/p>\n
See footnotes on page 7.<\/p>\n
\u00a0<\/p>\n
CHARTER COMMUNICATIONS, INC.\u00a0AND SUBSIDIARIES\u00a0
FOOTNOTES<\/p>\n
(a)\u00a0<\/p>\n
Adjusted EBITDA is defined as net income attributable to Charter shareholders plus net income attributable to noncontrolling interest, net interest expense, income taxes, depreciation and amortization, stock compensation expense, other (income) expenses, net and other operating (income) expenses, net such as special charges and (gain) loss on sale or retirement of assets. As such, it eliminates the significant non-cash depreciation and amortization expense that results from the capital-intensive nature of our businesses as well as other non-cash or special items, and is unaffected by our capital structure or investment activities.\u00a0 Free cash flow is defined as net cash flows from operating activities, less capital expenditures and changes in accrued expenses related to capital expenditures.<\/p>\n
(b)\u00a0<\/p>\n
Other expense excludes stock compensation expense.\u00a0 Total operating costs and expenses excludes stock compensation expense, depreciation and amortization and other operating (income) expenses, net.<\/p>\n
(c)<\/p>\n
We calculate the aging of customer accounts based on the monthly billing cycle for each account in accordance with our collection policies.\u00a0 On that basis, at\u00a0June 30, 2025,\u00a0March 31, 2025,\u00a0December 31, 2024\u00a0and\u00a0June 30, 2024, customers included approximately 99,400, 92,200, 102,500 and 79,400 customers, respectively, whose accounts were over 60 days past due, approximately 11,600, 10,700, 12,100 and 10,000 customers, respectively, whose accounts were over 90 days past due and approximately 18,900, 17,000, 13,600 and 13,500 customers, respectively, whose accounts were over 120 days past due.\u00a0\u00a0\u00a0<\/p>\n
(d)<\/p>\n
Passings represent our estimate of the number of units, such as single family homes, apartment and condominium units and small business and mid-market & large business sites passed by our cable distribution network in the areas where we offer the service indicated.\u00a0 These estimates are based upon the information available at this time and are updated for all periods presented when new information becomes available.\u00a0<\/p>\n
(e)\u00a0<\/p>\n
Customer relationships include the number of customers that receive one or more levels of service, encompassing Internet, video, mobile and voice services, without regard to which service(s) such customers receive.\u00a0 Customers who reside in residential multiple dwelling units (“MDUs”) and that are billed under bulk contracts are counted based on the number of billed units within each bulk MDU.\u00a0 Total customer relationships exclude mid-market & large business and mobile-only customer relationships.<\/p>\n
(f)\u00a0\u00a0<\/p>\n
Penetration represents residential and small business customers as a percentage of estimated passings.\u00a0 Penetration excludes mobile-only customers.\u00a0<\/p>\n
(g)<\/p>\n
Monthly residential revenue per residential customer is calculated as total residential quarterly revenue divided by three divided by average residential customer relationships during the respective quarter and excludes mobile-only customer relationships.<\/p>\n
(h)<\/p>\n
Monthly small business revenue per small business customer is calculated as total small business quarterly revenue divided by three divided by average small business customer relationships during the respective quarter and excludes mobile-only customer relationships.<\/p>\n
(i)\u00a0<\/p>\n
One product, two product and three or more product penetration represents the number of residential customers that subscribe to one product, two products or three or more products, respectively, as a percentage of residential customer relationships, excluding mobile-only customers.<\/p>\n
(j)\u00a0<\/p>\n
Mobile lines include phones and tablets which require one of our standard rate plans (e.g., “Unlimited” or “By the Gig”).\u00a0 Mobile lines exclude wearables and other devices that do not require standard phone rate plans.<\/p>\n
(k)\u00a0<\/p>\n
Mid-market & large business\u00a0PSUs represents the aggregate number of fiber service offerings counting each separate service offering at each customer location as an individual PSU.<\/p>\n
(l)\u00a0 \u00a0<\/p>\n
Customer premise equipment includes equipment and devices located at the customer’s premise used to deliver our Internet, video and voice services (e.g., modems, routers and set-top boxes), as well as installation costs.<\/p>\n
(m)<\/p>\n
Scalable infrastructure includes costs, not related to customer premise equipment or our network, to secure growth of new customers or provide service enhancements (e.g.,\u00a0headend equipment).<\/p>\n
(n)\u00a0<\/p>\n
Upgrade\/rebuild includes costs to modify or replace existing fiber\/coaxial cable networks, including our network evolution initiative.<\/p>\n
(o)<\/p>\n
Support capital includes costs associated with the replacement or enhancement of non-network assets (e.g., back-office systems, non-network equipment, land and buildings, vehicles, tools and test equipment).<\/p>\n
(p)<\/p>\n
Line extensions include network costs associated with entering new service areas (e.g., fiber\/coaxial cable, amplifiers, electronic equipment, make-ready and design engineering).<\/p>\n
(q)<\/p>\n
The subsidized rural construction initiative subcategory includes projects for which we are receiving subsidies from federal, state and local governments, excluding customer premise equipment and installation.<\/p>\n
![\"Cision\"](\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG37552&sd=2025-07-25\" "\\"Cision\\"\/")
View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/charter-announces-second-quarter-2025-results-302513702.html<\/a><\/p>\nSOURCE\u00a0Charter Communications, Inc.<\/p>\n
Media: Justin Venech, 203-905-7818; Analysts: Stefan Anninger, 203-905-7955<\/p>\n","protected":false},"excerpt":{"rendered":"STAMFORD, Conn.,\u00a0July 25, 2025\u00a0\/PRNewswire\/ —\u00a0Charter Communications, Inc. (along with its subsidiaries, the “Company” or “Charter”), which operates the…\n","protected":false},"author":2,"featured_media":22744,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[1638,86,56,54,55],"class_list":["post-22743","post","type-post","status-publish","format-standard","has-post-thumbnail","category-internet","tag-internet","tag-technology","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/22743","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=22743"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/22743\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/22744"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=22743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=22743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=22743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}