Valued at a market cap of $46.79 billion, Charter Communications, Inc. (CHTR) operates as a broadband connectivity and cable operator company serving residential and commercial customers. Based in Stamford, Connecticut, the company offers subscription-based internet, video, and voice services, as well as a suite of broadband connectivity services, including fixed internet and WiFi. It also owns and operates regional sports networks and local sports and news channels.
Companies worth more than $10 billion are generally labeled as “large-cap” stocks, and Charter Communications fits this criterion perfectly. The company distinguishes itself as the second-largest cable operator in the U.S., with services available to more than 57 million homes and businesses in 41 states.
