Charter Communications, Inc.


SKU: CHTR Category:


Charter Communications gave a mixed in the last quarter as it failed to meet the revenue expectations of Wall Street but managed an earnings beat. The company added 76,000 internet customers in the first quarter due to its Spectrum One service and rural development project. Despite operating in a low transaction environment, Charter gained 686,000 Spectrum Mobile lines. The company also had 6 million total mobile lines at the end of the first quarter. Charter increased sales and EBITDA by 3.4% and 2.6% during the first quarter, respectively. Its capital expenditures also reflect progress on its major priorities. Their network evolution strategy is also on track. Moreover, Charter’s convergent product offering is also evolving. Spectrum One is doing well in the market. Spectrum One also provides clients with substantial discounts on promotional and retail prices. Therefore, there is a huge possibility for a convergent connection in mobile. Apart from these growths, the company also agreed to purchase Bee Line Cable. However, it is still unclear how the acquisition will fit Charter’s network expansion ambitions. We give Charter Communications, Inc. a ‘Hold’ rating with a revised target price.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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