Charter Communications would consider buying more cable systems following the $1.63 billion deal it struck with Cablevision in February to acquire that company's Optimum West division, CEO Tom Rutledge said Tuesday.
Liberty Media Corp. said Tuesday that it will acquire a 27.3 percent stake in Charter Communications for $2.62 billion, marking the return to the U.S. cable business of industry pioneer John Malone, the Liberty chairman who sold Tele-Communications Inc. to AT&T in 1998.
Charter Communications will be able to reduce capital spending on set-tops by delivering video to Apple's iPad and other IP-connected devices that subscribers use in their homes, and may eventually be able to stop buying cable boxes, CEO Tom Rutledge said Wednesday.
As Charter Communications prepares to convert its cable systems to an all-digital platform, the nation's fourth largest MSO may be thinking about switching to a new brand for its digital cable product, along the lines of Cablevision's Optimum or Comcast's Xfinity TV brands.
New Charter Communications CEO Tom Rutledge said he is centralizing network operations as part of a strategy focused on deploying cloud-based video products, faster broadband tiers and new pricing of its triple play.
Four months after announcing that it planned to open an office in the New York area to house its leadership team, Charter Communications said it is moving its headquarters to Stamford, Conn.
Charter Communications said Monday that it named former Time Warner Cable executive Tom Adams EVP of field operations and Cablevision veteran Kathleen "Kip" Mayo EVP of customer operations.
Former Charter Communications president of operations Steve Apodaca will receive nearly $650,000 in severance pay, the MSO disclosed in a Securities and Exchange Commission filing Wednesday.
Charter Communications will give CFO Christopher Winfrey a relocation package worth $760,000 to move from its St. Louis, Mo., headquarters to an office the company will soon open in the New York area, the company disclosed in an SEC filing last week.
Charter Communications is studying the option of offering subscribers a network-based DVR service, CEO Tom Rutledge told analysts on the company's second-quarter earnings call Tuesday.