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Charter Is Cutting $2 Billion in Costs After Losing Another 233,000 Internet Customers

Source: 247wallst.com

Company FundamentalsConsumer Demand & RetailCorporate Guidance & Outlook
Charter Is Cutting $2 Billion in Costs After Losing Another 233,000 Internet Customers

Charter shares were punished despite a promise of billions in savings, as investors demanded evidence that broadband customers are returning. The article says a gap between the plan and quarterly results left investors unwilling to wait; it provides no specific customer, savings, or share-price figures.

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