Charter Communications Inc. reported better-than-expected results in the third quarter, with a smaller loss of broadband subscribers and home video customers than predicted by analysts.
The company, operating as Spectrum, lost 113,000 home broadband customers and 281,000 home video customers from July to September. These figures were significantly better than the estimated losses of 248,000 broadband subscribers and 368,000 video customers.
These results demonstrate the company's resilience in a challenging market.