Charter's Internet Business Sees Further Erosion, Stock Drops

Charter reported a greater-than-expected loss of broadband subscribers, indicating further 'erosion' of its internet business, which caused its stock to fall sharply despite gaining new mobile lines.

24 Jul, 13:30 — 24 Jul, 13:30

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marketwatchMostly Factual39d ago

Charter sees further ‘erosion’ of its internet business, sending the stock sharply lower

The company lost more broadband subscribers than expected, although it hauled in more than 400,000 new mobile lines.

By Emily Bary

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Charter's Internet Business Sees Further Erosion, Stock Drops

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Charter sees further ‘erosion’ of its internet business, sending the stock sharply lower

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