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Jon Lafayette

Charter Second-Quarter Net Falls as 189,000 Subscribers Cut the Cord

Charter Comcast

Charter Communications logo on a wall

Charter Communications reported lower second-quarter earnings as cord-cutting and a drop in advertising offset growth in internet and mobile revenue.

Net income fell 16.8% to $1.223 billion, or $8.05 a share, from $1.471 billion, or $8.80 a share a year ago.

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