Charter Communications

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Charter Communications

logo
legal form Inc.
ISIN US16119P1084
founding 1995
Seat Stamford , Connecticut ,United StatesUnited States
Number of employees 91,500
sales 29 billion US dollars
Branch telecommunications
Website www.charter.com
As of December 31, 2016

Charter Communications is a US operator of cable networks with digital and interactive television, video-on-demand , Internet and telephone services.

The seat is in Stamford in the US state Connecticut . The company, which operates under the Charter Spectrum brand, is the third largest cable operator in the USA after Comcast and Cox Communications ; and ranked 23rd among the world's largest media companies (as of 2011). Charter Communications ranks 96th in the Forbes Global 2000 of the world's largest companies (as of FY 2017). The company had a market value of around USD 65 billion in mid-2018.

history

This article or the following section is not adequately provided with supporting documents ( e.g. individual evidence ). Information without sufficient evidence could be removed soon. Please help Wikipedia by researching the information and including good evidence.

The company was founded in 1993 in St. Louis , Missouri by Barry Babcock, Jerald Kent and Howard Wood. In 1995 Cable South was taken over. High-speed internet access was made available to charter customers in California in 1997. The co-founder of Microsoft , Paul Allen , bought in 1998 a large share of the company in the year in which Charter Communications reached one million customers. In 1999 the company went public on the NASDAQ stock exchange , with almost 4 million customers. After the bankruptcy to Chapter 11 in 2009 in the fall of 2010, the shares could be traded again on the Nasdaq.

Acquisition of Time Warner Cable

Charter Communications had tried since 2013/2014 to take over Time Warner's cable network company Time Warner Cable (TWC), after eliminating a competitor, CC was successful on May 18, 2016. The former Time Warner Cable and "Bright House Networks" now form a new division at CC called "Spectrum".

Structure and products

The vast majority are in free float; the entrepreneur Paul Allen owns two percent of the company.

Individual evidence

  1. ↑ a b Form 10-K 2016
  2. ^ Charter-Time Warner Cable deal would create nation's 3rd-largest pay-TV service , Los Angeles Times , May 26, 2015
  3. ^ A b Federal Agency for Civic Education: bpb.de - Mediendatenbank - International - Charter Comm. Inc. In: www.bpb.de. Retrieved November 20, 2016 .
  4. ^ The World's Largest Public Companies . In: Forbes . ( forbes.com [accessed July 17, 2018]).
  5. ^ Charter Communications to file for Chapter 11 , CNN Money
  6. ^ Charter Communications, Time Warner Cable and Bright House Networks Complete Transactions , May 18, 2016