Charter Communications, Inc.
Categories
Thomas M. Rutledge (Chairman and Chief Executive Officer)
Media and Communications
Summary
Providing services to over 26 million customers in 41 states, Charter Communications is the second-largest cable operator in the United States by subscribers, just behind Comcast, and third largest pay TV operator behind Comcast and AT&T. It is the fifth largest telephone provider based upon residential subscriber line count. In late 2012, with the naming of longtime Cablevision executive Thomas Rutledge as their CEO, the company relocated its corporate headquarters from St. Louis, Missouri, to Stamford, Connecticut, although many operations still remain in St. Louis.
History
Charter Communications was founded in 1993 by Barry Babcock, Jerald Kent, and Howard Wood, who had been former executives at Cencom Cable Television in St. Louis, Missouri. It was also incorporated in St. Louis, Missouri, in 1993.
In 1995, Charter paid about $300 million for a controlling interest in Crown Media and acquired Cable South. In 1997, Charter and EarthLink joined forces to deliver high-speed Internet access through cable modems to Charter’s customers in California. In 1998, Paul Allen bought a controlling interest. The company paid $2.8 billion to acquire Dallas-based cable company Marcus Cable.
Charter Communications had 1 million customers in 1998. In November 1999, the company went public, trading on the NASDAQ stock exchange. At the time, it had 3.9 million customers. Charter completed more than ten major acquisitions in 1999.
Mission
The company is on a mission to integrate the highest quality service with clearly superior entertainment and communication products that consistently exceed the expectations of its growing customer base.
Vision
They foster a collaborative environment where everyone is encouraged to work together and learn from each other—regardless of their title or team. The company takes pride in its fast-paced, dynamic work culture, where every employee encourages others to reach their full potential. The company urges its employees to continuously evaluate their roles as culture creators, and strive to deliver high-quality products and services while embracing the unique perspectives and experiences of each of its employees and partners.
Key Team
Thomas M. Rutledge (Chairman and Chief Executive Office)
Recognition and Awards
References
- https://www.marketwatch.com/investing/stock/chtr?mod=mw_quote_competitors
- https://www.wisbusiness.com/2010/charter-communications-wisconsin-charter-employees-win-industry-awards/
- https://fortune.com/company/charter-communications/fortune500/
- https://markets.businessinsider.com/news/stocks/what-11-analyst-ratings-have-to-say-about-charter-communications-1031506399
- https://www.defenseworld.net/2022/05/09/oppenheimer-comments-on-charter-communications-inc-s-fy2022-earnings-nasdaqchtr.html
- https://news.stocktradersdaily.com/news_release/4/Charter+Communications+CHTR+Trading+Advice_052522033002.html
- https://en.wikipedia.org/wiki/Charter_Communications
- https://www.hollywoodreporter.com/business/business-news/charter-ceo-password-sharing-diminishes-content-value-1235137964/#!
- https://www.govtech.com/network/new-800k-cross-sector-partnership-boosts-minnesota-broadband
- https://www.companieshistory.com/charter-communications/#:~:text=Charter%20Communications%20was%20founded%20in,Louis%2C%20Missouri%2C%20in%201993.
Thomas M. Rutledge (Chairman and Chief Executive Officer)
Media and Communications