EPISODE · Jul 24, 2026 · 1 MIN
Charter’s Internet Decline and Mobile Surge | Business and Finance News
from The Daily News Now! Business
Charter’s Q2 2026 report paints a troubling picture: revenue fell 1.7% to $13.5 billion as internet subscriber losses—172K in just three months—accelerate, fueled by fierce competition from fiber and fixed wireless. TV business also suffers as cord-cutting continues. Profitability metrics like EBITDA and free cash flow dipped, signaling deeper strain. But there’s a silver lining: mobile surged, adding 400K lines to reach 12.5 million, with revenue up nearly 19%. Despite heavy spending ($2.9B in capex) and an eye on a major acquisition, the internet business remains the core problem—and the headline story. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/632f23a14d697247
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Charter’s Internet Decline and Mobile Surge | Business and Finance News
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