Profile: Charter Communications Inc (CHTR.OQ)
18 Aug 2017
Charter Communications, Inc., incorporated on July 9, 2003, is a holding company. The Company is a cable operator in the United States and a broadband communications services company. The Company operates in cable services segment. As of December 31, 2016, the Company was engaged in providing video, Internet and voice services to approximately 26.2 million residential and business customers. In addition, it sells video and online advertising inventory to local, regional and national advertising customers and fiber-delivered communications and managed information technology (IT) solutions to enterprise customers. The Company also owns and operates regional sports networks and local sports, news and lifestyle channels and sells security and home management services to the residential marketplace.
The Company offers residential services, commercial services, advertising services and other services. The Company offers its customers subscription-based video services, including video on demand (VOD), high definition (HD) television, and digital video recorder (DVR) service), Internet services and voice services. The Company sells its residential and commercial services using a national brand platform known as Spectrum, Spectrum Business and Spectrum Enterprise. Its video customers receive a package of basic programing which, in its all-digital markets, includes a digital set-top box that provides an interactive electronic programing guide with parental controls, access to pay-per-view services, including VOD (available to all of its passings), digital music channels and the option to view certain video services on third-party devices. VOD includes standard definition, HD and three dimensional (3D) content. VOD programing options may be accessed for free if the content is associated with a customer's linear subscription, or for a fee on a transactional basis. Its Spectrum Guide is a network or cloud-based user interface that runs on traditional set-top boxes.
The Company offers an in-home wireless fidelity (WiFi) product that permits customers to lease wireless routers. Additionally, it offers an out-of-home WiFi service (Spectrum WiFi) in its footprint to its Internet customers at designated hot spots. It provides voice communications services using Voice over Internet Protocol (VoIP) technology to transmit digital voice signals over its network. Its voice services include unlimited local and long distance calling to the United States, Canada, Mexico and Puerto Rico, voicemail, call waiting, caller identification (ID), call forwarding and other features and offers international calling either by the minute, or through packages of minutes per month. It offers broadband communications solutions for businesses and carrier organizations of all sizes, selling Internet access, data networking, fiber connectivity to cellular towers and office buildings, video entertainment services and business telephone services. As Spectrum Business, it offers video, Internet and voice services to small and medium businesses over its coaxial network. Spectrum Business includes a range of video programing and music services and Internet speeds of up to 100 megabits per second (Mbps) downstream, 300 Mbps in certain markets, and up to 20 Mbps upstream in its DOCSIS 3.0 markets.
As of December 31, 2016, Spectrum Business also included a set of business services, including Web hosting, e-mail and security, and multi-line telephone services with over 30 business features, including Web-based service management. As Spectrum Enterprise, the Company offers fiber-delivered communications and managed IT solutions to businesses, as well as last-mile data connectivity services to wireless and wireline carriers, Internet Service Providers (ISPs) and other carriers on a wholesale basis. Spectrum Enterprise's portfolio includes fiber Internet access with symmetrical speeds up to 10 gigabits per second (Gbps), voice trunking services, such as Primary Rate Interface (PRI) and Session Initiation Protocol (SIP) Trunks, Ethernet services that connect geographically dispersed client locations with speeds up to 10 Gbps, and video solutions for hospitality, education and healthcare clients.
The Company's managed IT portfolio includes Cloud Infrastructure as a Service (IaaS) and Cloud Desktop as a Service (DaaS), and managed hosting, application, and messaging solutions, along with other related IT and professional services. Its advertising sales division, Spectrum Reach, offers local, regional and national businesses. The Company broadcasts those games on its regional sports network, Spectrum SportsNet. As of December 31, 2016, Spectrum SportsNet was distributed to approximately 4.7 million multichannel video customers through the multichannel video distributors in its Southern California, Las Vegas, Nevada and Hawaii regions. It provides certain production and technical services to American Media Productions. It also provides security and home management services to its residential customers in certain markets.
The Company competes with The ADT Corporation, AT&T Inc., Verizon Communications Inc., Frontier Communications Corporation, DISH Network Corporation, Sony Corporation, HBO, CBS, Showtime, Netflix, Amazon, Google Inc., Apple, T-Mobile, Vonage, Skype, magicJack, Ooma, Inc., Cincinnati Bell Inc., Hawaiian Telcom, RCN Telecom Services, LLC, WideOpenWest Finance, LLC, Vivint, Inc. and Alarm.com, Inc.
Charter Communications Inc
400 Atlantic St
STAMFORD CT 06901-3512
Company Web Links
- BRIEF-Third Point cuts share stake in Charter Communications, Sherwin-Williams
- Charter bid would be a deal too far even for Drahi
- UPDATE 4-Altice weighing takeover offer for Charter -sources
- France's Altice weighing takeover offer for Charter -CNBC
- BRIEF-Altice weighing bid for Charter Communications- CNBC, citing sources