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The Future 50

Mario Anzuoni—Reuters
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Charter Communications

CHTR

Charter Communications became the second-biggest cable company in the U.S. after consummating its years-long flirtation with Time Warner Cable in a merger last year. Stock price for the combined company, which this year rebranded its services under the Spectrum banner, has risen nearly 30% since January. In the midst of telecom consolidation, Charter has been the consistent subject of acquisition rumors—reportedly catching the eye of Verizon, Sprint, and France’s Altice. It’s likely the company will wait to see how its own mobile offering, slated to debut next year, fares before listening to offers from carriers.

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Overall Score

1.7

Sector

Telecommunications

Industry

Telecommunications

CEO

Thomas M. Rutledge

Employees

91,500

HQ Location

Stamford, Conn.

Revenues ($M) (Past 12 Months)

$40,833

Profits ($M) (Past 12 Months)

$937

Market Value as of Oct. 9, 2017 ($M)

$103,306

Revenue and net income for 12 months ended June 30, 2017. Source: S&P Global.

News about Charter Communications

Apple Hopes to (Finally) Kill Off the Cable Box

Apple's partnership with Charter Communications will give up to 50 million U.S. homes access to the Apple TV media player.

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Why Sprint Shares Are Plummeting on News of Its Takeover by T-Mobile

The deal, announced on Sunday, would combine two of the four biggest wireless carriers in the U.S.

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Cord Cutting Hits Another Record, Bashing Cable and Telecom Stocks

Cheaper Internet TV packages are flourishing, though.

Read More →