Charter Communications reported Q4 revenues of $1.217 billion, an increase of 2% over last year’s Q4 revenues of $1.189 billion. This growth is due primarily to a $49 million, or 47%, increase in high-speed data revenues, reflecting 437,400 additional data customers since December 2002, including 88,100 in the Q4.
- High-speed data revenues increased 65% year over year. Bundled customers increased 35% in 2003 and represent 22% of Charter’s customer relationships as compared to 16% a year ago.
- Charter reported a net loss of 120,900 analog video customers over the past twelve months and a net gain of 2,100 digital video customers during the year.
- Charter ended the year with 6,431,300 analog video, 2,671,900 digital video and 1,565,600 high-speed data customers. The Company also ended the year with 24,900 telephony customers, principally in the St. Louis market, an increase of approximately 9% compared to the end of 2002.
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