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Charter Reports Narrowed Pay-TV Losses and Strong Mobile Growth in Q1 2025

Revenue and net income rose year-over-year as Charter leveraged bundling and mobile expansion, while tariffs are expected to have minimal financial impact.

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Overview

  • Charter Communications shed 181,000 pay-TV customers in Q1 2025, a significant improvement from the 405,000 lost in Q1 2024.
  • The company added 495,000 mobile lines during the quarter, up from 473,000 in the same period last year, highlighting its mobile growth strategy.
  • Revenue reached $13.73 billion, with net income rising 10% year-over-year to $1.21 billion, despite a loss of 60,000 internet subscribers, including 9,000 due to Los Angeles wildfires.
  • CEO Chris Winfrey praised U.S. tariffs as an opportunity for domestic manufacturing and emphasized Charter's focus on American-made products when competitively priced.
  • Charter's Xumo streaming platform, launched in partnership with Comcast, continues to play a key role in mitigating pay-TV subscriber losses.