Charter Communications shares pressured by loss of internet/video customers

Seeking Alpha ·

Shares of Charter Communications ( CHTR ) are defensive into Friday’s open as the company’s most recent results showed a loss of video and internet as competitors like Starlink ( SPCX ) can offer comparable service at a lower price.

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Charter Communications (CHTR) shares are facing downward pressure due to a simultaneous loss of internet and video subscribers. This customer churn has accelerated as low-cost competitors like SpaceX's Starlink offer similar services at lower prices. Investors should pay attention to the intensifying structural competition in the traditional cable and telecommunications industry.

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