Charter Announces Third Quarter 2023 Results

Charter Communications released its third quarter earnings for 2023, reporting that total residential and small and medium business ("SMB") Internet customers increased by 63,000. As of September 30, 2023, Charter served a total of 30.6 million residential and SMB Internet customers. Third quarter total residential and SMB mobile lines increased by 594,000, and Charter currently serves a total of 7.2 million mobile lines. As of the end of the third quarter, Charter had a total of 32.2 million residential and SMB customer relationships, which excludes mobile-only relationships. Third quarter revenue of $13.6 billion grew by 0.2 percent year-over-year, driven by residential Internet revenue growth of 3.7 percent, residential mobile service revenue growth of 33.8 percent and other revenue growth of 28.8 percent, primarily driven by higher mobile device sales.