Charter CFO says there’s ‘tremendous opportunity’ for rural broadband

Charter Communications has frequently talked up the pace of its rural deployments, reaching 68,000 subsidized rural passings in the second quarter (Q2) of 2023. CFO Jessica Fischer said the Charter has a “tremendous opportunity” to expand its footprint to rural areas. Charter was one of the largest winners in the Rural Digital Opportunity Fund (RDOF) auction, and Fischer noted progress in those builds “has been going quite well” in terms of pace and penetration. The company just scored around $116 million in grants to expand broadband in Kentucky, and it’s won funding in states like Michigan, Nebraska and Wisconsin.