WSJ Tech News Briefing · Friday, July 24, 2026
Charter Communications experienced its fourth consecutive quarterly revenue decline, with second-quarter revenue down 1.7% to $13.5 billion. The company reported a profit of $1.29 billion, below expectations, and lost 172,000 internet subscribers and 20,000 video customers during the quarter. This decline is attributed to competition from fixed wireless and fiber services, as well as cord-cutting.
“And Charter Communications logged its fourth consecutive quarterly revenue decline.”
“Second quarter revenue edged down by 1.7% to $13.5 billion, roughly in line with estimates.”
“Charter posted a profit of $1.29 billion, below Wall Street expectations.”
“Fierce competition from fixed wireless and fiber connections services has been eating into the company's home internet subscriber base, while cord cutting is weighing on its cable business.”
“During the quarter, it lost 172,000 internet subscribers and 20,000 video customers.”