Charter Communications
 |
|
| Public | |
| Traded as |
NASDAQ: CHTR NASDAQ-100 Component S&P 500 Component |
| Industry |
Telecommunications Mass media |
| Founded | 1993 in St. Louis, Missouri, United States |
| Founders | Barry Babcock Jerald Kent Howard Wood |
| Headquarters | Stamford, Connecticut, United States |
|
Key people
|
Tom Rutledge (Chairman and CEO) John Bickham (President and COO) |
| Products |
Broadband Cable television Digital cable Digital telephone HDTV Home security Internet VoIP phone |
| Revenue | US$8.4 billion (2013) |
 US$961 million (2013) |
|
|
US$369 million (2011) |
|
| Total assets |
US$17.30 billion (2013) |
| Total equity |
US$409 million (2011) |
| Owner | Liberty Broadband Corporation (20%) |
|
Number of employees
|
90,000 |
| Subsidiaries |
Bright House Networks Time Warner Cable |
| Website | www |
Charter Communications is an American cable telecommunications company, which offers its services to consumers and businesses under the branding of Charter Spectrum. Providing services to over 25 million customers in 41 states, it is the second-largest cable operator in the United States by subscribers, just behind Comcast. It is the fifth largest telephone provider based upon residential subscriber line count. In late 2012, with the naming of longtime Cablevision executive Thomas Rutledge as their CEO, the company relocated its corporate headquarters from St. Louis, Missouri to Stamford, Connecticut, although many operations still remain based out of St. Louis. On May 18, 2016, Charter acquired Time Warner Cable and Bright House Networks for a combined $65.5 billion, making it the third-largest pay television company in the United States.
Charter Communications was founded in 1993 by Barry Babcock, Jerald Kent and Howard Wood, who had been former executives at Cencom Cable Television in St. Louis, Missouri. It was also incorporated in St. Louis, Missouri, in 1993.
In 1995, Charter paid about $300 million for a controlling interest in Crown Media and acquired Cable South.
In 1997, Charter and EarthLink joined forces to deliver high-speed Internet access through cable modems to Charter's customers in California.
In 1998, Paul Allen bought a controlling interest. The company paid $2.8 billion to acquire Dallas-based cable company Marcus Cable. Charter Communications had 1 million customers in 1998.
In November 1999, the company went public, trading on the NASDAQ stock exchange. At the time, it had 3.9 million customers.
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Wikipedia