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| '''Charter Communications''' {{NASDAQ|CHTR}} is a company providing ], ], ], and ] services over 6.2 million subscribers in 40 states in the ]. It is #4 in the cable television market behind ], ], and ] | '''Charter Communications''' {{NASDAQ|CHTR}} is a company providing ], ], ], and ] services over 6.2 million subscribers in 40 states in the ]. It is #4 in the cable television market behind ], ], and ] | ||
| The company is particularly noted for its poor level of customer |
The company is particularly noted for its poor level of customer service, among the worst in the cable industry, and for employing criminals. In 2003, several senior Charter executives received felony fraud convictions. | ||
| ==History== | ==History== | ||
| *1992 The company was started by three executives of a local cable franchise in ] | *1992 The company was started by three executives of a local cable franchise in ] | ||
Revision as of 01:00, 1 November 2005
| File:Charter logo.gif | |
| Company type | Public Nasdaq: CHTR |
|---|---|
| Industry | Telecommunications |
| Founded | 1992 |
| Headquarters | St. Louis, MO |
| Key people | Neil Smit, CEO Wayne H. Davis, Executive VP and CTO Michael J. Lovett, Executive VP and COO |
| Products | cable television, HDTV, cable telephone, broadband |
| Revenue | $4,977 million (2004) |
| Operating income | 11,962,000,000 United States dollar (2022)  |
| Net income | 5,055,000,000 United States dollar (2022) |
| Number of employees | 15,500 (2004) |
| Website | www.charter.com |
Charter Communications Nasdaq: CHTR is a company providing cable television, HDTV, cable telephone, and broadband services over 6.2 million subscribers in 40 states in the United States. It is #4 in the cable television market behind Comcast, Time Warner Cable, and Cox Communications
The company is particularly noted for its poor level of customer service, among the worst in the cable industry, and for employing criminals. In 2003, several senior Charter executives received felony fraud convictions.
History
- 1992 The company was started by three executives of a local cable franchise in St. Louis
- 1994 Charter paid about $900 million for a controlling interest in Crown Media
- 1997 EarthLink and Charter join forces to deliver high-speed Internet access through cable modems to Charter's customers in California.
- 1998 Paul Allen buys a controlling interest
- 1998 Subscriber base has grown to 1 million
- 1998 Charter paid $2.8 billion to acquire Dallas cable company Marcus Communications
- 1998 the SEC investigates a buying binge by the company which leads to the indictment of four former executives for improper financial reporting
- 1999 Subscriber base has grown to 3.9 million
- 1999 Company goes public trading on the NASDAQ stock exchange
- 2001 MSN and Charter sign an agreement to offer MSN content and services to Charter’s broadband customers.
- 2001 Recipient of many awards including the Outstanding Corporate Growth Award from the Association for Corporate Growth, the R.E. "Ted" Turner Innovator of the Year Award from the Southern Cable Telecommunications Association, and the Fast 50 Award for Growth from the St. Louis Regional Chamber and Growth Association
- 2002 Subscriber base has grown to 6.8 million (2.3 million of those customers had digital cable service and nearly 750,000 had broadband Internet service)
- 2004 Charter settles a class action lawsuit concerning the questionable financial reporting
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