CHTR
Charter Communications Inc.
TMT
11/14/2014
Presented
| Date | 11/10/2014 |
| Price | $146.68 |
| Market Cap | $16.00B |
| Ent Value | $33.63B |
| P/E Ratio | N/A |
| Book Value | $0.89 |
| Div Yield | N/A |
| Shares O/S | 109.27M |
| Ave Daily Vol | 930,000 |
| Short Int | 4.73% |
Current
| Price | $331.94 |
| Market Cap | $47.38B |
| Charter Communications, Inc., through its subsidiaries, provides entertainment, information, and communications solutions to residential and commercial customers in the United States. The company offers cable video programming services, including basic and digital video, premium channels, on-demand, pay-per-view, high definition television, and digital video recorder services, as well as Charter TV App, which enables video customers to search and discover content on various devices, including the iPhone, iPad, iPod Touch, and Android based tablets. It also provides Internet services, such as residential Internet services; Charter.net, an Internet portal that provides multiple e-mail addresses, as well as various entertainment, games, news, and sports content; and Charter Security Suite, which protects computers from viruses and spyware, as well as offers parental control features. In addition, the company provides telephone services comprising voice communications services primarily using voice over Internet protocol technology; broadband communications solutions comprising video entertainment services, Internet access, business telephone services, data networking, and fiber connectivity to cellular towers and office buildings for business and carrier organizations. As of December 31, 2013, it served approximately 4.2 million residential video customers; approximately 4.4 million residential Internet customers; approximately 2.3 million residential voice service customers; and approximately 567,000 commercial primary service units, primarily small-and medium-sized commercial customers. The company was founded in 1999 and is headquartered in Stamford, Connecticut. |
Publicly traded companies mentioned herein: Charter Communications Inc. (CHTR), Comcast (CMCSA) and Time Warner Cable (TWC).
Highlights
With the Obama administration pushing for Title II oversight of the cable providers today (November 10, 2014), the threat of enhanced regulation could weigh on shares of Charter Communications and others in the group for some time, but the presenter for his part views this development as an opportunity for investors with a 2-3 year time horizon. Participants seemed to agree that the announcement is unlikely to be materially meaningful - viewing it more as an instance of political grandstanding than anything else - and unlikely to fundamentally impact the economics of the industry in the near to intermediate term.
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