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March 31, 2014
14:02 EDTCHTRCharter says FCC 'curtailed abusive practice' with retransmission order
Charter Communications released the following statement in response to the FCC's Actions on Retransmission Consent and Wi-Fi: "Charter applauds and thanks Chairman Wheeler and each of the Commissioners for adopting rules today that will greatly benefit consumers. First, by prohibiting collusive joint negotiation of retransmission consent agreements among top 4 stations in a market, the Commission has curtailed an abusive practice that harms consumers and unfairly drives up retransmission consent fees. The chief factor in rising cable rates for consumers is the increasing cost of programming and today's actions will help moderate those forces. We look forward to working with the Commission on additional pro-consumer retransmission consent reforms. Second, by facilitating the use of Wi-Fi in the U-NII-1 band, the Commission opens the door for exciting and innovative new products and technologies for consumers. The Commission's actions will enable consumers to access super-fast Wi-Fi technology and ease congestion in existing bands."
News For CHTR From The Last 14 Days
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July 31, 2014
08:21 EDTCHTRCharter reports Q2 Video revenue $1.1B; Internet revenue $638M
Reports Q2 Voice revenue $145M, Q2 Commercial revenue $244M, advertising sales revenue $79M.
08:20 EDTCHTRCharter reports Q2 residential customer relationships of 27,000
Residential primary service units increased by 55,000, while commercial primary service units increased 19,000. Residential video customers decreased by 29,000 in the second quarter. During the second quarter, the Company added 35,000 residential voice customers.
08:20 EDTCHTRCharter reports Q2 EPS (42c), consensus 21c
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July 30, 2014
15:40 EDTCHTRNotable companies reporting before tomorrow's open
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July 29, 2014
12:47 EDTCHTRCable REIT conversions possible but unlikely, says Wells Fargo
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July 28, 2014
08:24 EDTCHTRTime Warner Cable upgraded to Buy from Hold at Wunderlich
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July 22, 2014
08:25 EDTCHTRComcast reports Q2 operating cash flow up 7% to $5.8B
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