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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.
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News about Charter Communications

Why Verizon's 5G Home Internet Service Isn't Coming to You Anytime Soon

Cable desperately needs the competition, but don't hold your breath.

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Net Neutrality Explained: What It Means (and Why It Matters)

Everyone agrees that the Internet should be free and open. How it's achieved? Well, that's the issue

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Viacom and Charter Plan to Address Unauthorized Password Sharing

The companies also entered into a new partnership to co-produce original content.

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