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Charter Communications Profit Falls as Internet Subscriber Base Weakens
WSJยท 2025-10-31 11:32
Core Insights - Charter Communications reported a decline in third-quarter profit due to increased competition from fixed wireless and fiber connections impacting its broadband internet business [1] Company Performance - The company's broadband internet business is facing challenges from rising competition, which has led to lower profitability in the third quarter [1] Industry Trends - The competitive landscape in the broadband internet sector is intensifying, particularly with the emergence of fixed wireless and fiber options, which are affecting traditional broadband providers like Charter Communications [1]