Charter Announces Second Quarter 2025 Results

About this update from Charter Communications, Inc.

[{"type":"text","content":"STAMFORD, Conn., July 25, 2025 /PRNewswire/ -- Charter Communications, Inc. (along with its subsidiaries, the \"Company\" or \"Charter\"), which operates the Spectrum brand, today reported financial and operating results for the three and six months ended June 30, 2025.\n\n \n \n \n \n \n \n\n \nSecond quarter total Internet customers decreased by 117,000. As of June 30, 2025, Charter served 29.9 million Internet customers.Second quarter total mobile lines increased by 500,000. As of June 30, 2025, Charter served 10.9 million mobile lines.As of June 30, 2025, customer relationships totaled 31.2 million, excluding mobile-only relationships.Second quarter revenue of $13.8 billion grew by 0.6% year-over-year, driven by residential mobile service revenue growth of 24.9%, residential Internet revenue growth of 2.8% and other revenue growth of 18.9%.Net income attributable to Charter shareholders totaled $1.3 billion in the second quarter.Second quarter Adjusted EBITDA1 of $5.7 billion grew by 0.5% year-over-year.Second quarter capital expenditures totaled $2.9 billion and included $1.0 billion of line extensions.Second quarter net cash flows from operating activities totaled $3.6 billion, compared to $3.9 billion in the prior year.Second quarter free cash flow1 of $1.0 billion decreased from $1.3 billion in the prior year, primarily due to an unfavorable change in mobile device working capital and the timing of cash taxes and cash interest.During the second quarter, Charter purchased 4.5 million shares of Charter Class A common stock and Charter Communications Holdings, LLC (\"Charter Holdings\") common units totaling $1.7 billion.On May 16, 2025, Charter and Cox Communications announced that they had entered into a definitive agreement to combine their businesses, creating an industry leader in mobile and broadband communications services, and seamless video entertainment.\"Our converged connectivity revenue grew by over 5% in the second quarter, with a long runway for growth,\" said Chris Winfrey, President and CEO of Charter. \"Our seamless connectivity products offer the fastest speeds at the best price. And our strategic investments in network evolution and convergence, rural build, U.S.-based service and seamless entertainment innovation, will accelerate future customer and revenue growth.\"\n1.\nAdjusted EBITDA and free cash f...

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