Charter Communications Q2 2024 Earnings: The Bull Thesis Remains Unchanged

M. Suhail Recap In our last article titled "Charter Q4'23 Earnings: Net Broadband Losses, Robust Mobile Net Adds, 8% FCF Yield," we highlighted that internet broadband net adds had been under pressure due to low market activity and heightened competition from Fixed Wireless Access ("FWA") operators and fiber overbuilders. However, one of the FWA operators suggested that net adds below its quarterly trend were still sufficient to reach its 2025 target. Moreover, fiber overbuilders revised their fiber deploym ...