Charter announced a plan to reduce annualized expenses by $2 billion and a new operating model. The plan is separate from more than $1 billion of anticipated synergies from combining with Cox. These are company targets, not savings already realized.
On a pro forma basis, Internet customers declined by 233,000 in the third quarter of 2026, compared with a decline of 171,000 a year earlier. On the same pro forma basis, mobile lines increased by 508,000. Pro forma total revenue declined 1.5%, while pro forma adjusted EBITDA declined 4.0% to approximately $6.6 billion. The divergent customer trends are central to assessing the savings plan.
Watch the Charter Short. Read the SEC-filed earnings release. The TradingView chart shows completed daily candles through the November 5 close of $125.86, before the earnings release and without November 6 premarket trading. Explore Daily Levels.
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