Valued at a market cap of around $36 billion, Charter Communications, Inc. (CHTR) is a major U.S. telecommunications company. The Connecticut-based operator of the Spectrum brand provides broadband internet, cable television, mobile, and voice services to residential and business customers across 41 states.
Companies valued at $10 billion or more are typically classified as “large-cap stocks,” and CHTR fits the label perfectly. As one of the nation’s largest broadband and cable providers by subscriber base, Charter serves tens of millions of customers and maintains a major presence in the domestic communications and entertainment market.
