Charter, on the other hand…(2)
Wed, 11/01/2000 - 7:00pm
Paul Allen's baby, Charter Communications, the fourth-largest MSO, posted a 3Q loss of $210 million, or 93 cents a share. Ouch. However, cash flow rose more than 20 percent to $400.6 million. The company credits the rise in cash flow to the addition of more than 55,000 basic cable subs. The company expects to have a total of 225,000 data subs and more than 900,000 digital cable subs by the end of the year.