
Charter Communications' said it will commit as much as $2,500 for customers to move up to five wireless lines from their existing carrier to Spectrum Mobile.
The move comes after Charter CEO Christopher Winfrey said last week that the cable company will continue to eschew aggressive handset subsidies, but rather aggressively capitalize on "our opportunity from a subscriber acquisition standpoint to rip out multiple lines that are stuck in contracts" with large mobile network operators "that have locked up these devices and tied up these consumers."