Charter Down 120,000 Broadband Subs
Broadband Breakfast
April 24, 2026
WASHINGTON, April 24, 2026 – Charter Communications posted deeper‑than‑expected broadband losses in the first quarter, underscoring the competitive pressure facing the cable giant as it works to close a major transaction later this year.
Charter said Friday it lost 120,000 broadband subscribers in the quarter, worse than analysts had expected and worse than the same time last year.
It was unwelcome news after fellow cable giant Comcast reported Wednesday it had lost just 65,000 subscribers in the same period. Charter stock tumbled nearly 24 percent after the company’s earnings call Friday morning.
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