LOS ANGELES, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming October 14, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Charter Communications, Inc. (“Charter” or the “Company”) (NASDAQ: CHTR) common stock between July 26, 2024 and July 24, 2025, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR CHARTER INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING ...

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices by Charter Communications and its officers or directors, following a significant decline in customer numbers and a sharp drop in stock price after the release of the company's second quarter financial results [1][3]. Financial Performance - Charter reported a decline of 117,000 total internet customers in Q2 2025, compared to a decline of about 100,000 in Q2 2024, adjusted for the end of the Affordable Connectivity Program [3]. - The company also experienced a decrease of 80,000 total video customers during the same period [3]. - Following the financial results announcement, Charter's stock price fell by $70.25, or 18.5%, closing at $309.75 per share on July 25, 2025 [3].

Core Insights - Glo Fiber, powered by Shenandoah Telecommunications Company (Shentel), is expanding its fiber-to-the-home (FTTH) broadband services to over 2,600 additional homes in New Market and Walkersville, Maryland, with construction expected to be completed in 2026 [1] - The company currently provides high-speed internet to more than 15,000 homes and businesses in the Frederick market, emphasizing its commitment to delivering reliable and future-proof broadband services [1][5] - Glo Fiber offers symmetrical upload and download speeds of up to 5 Gbps, leveraging a 17,200-mile regional fiber network to ensure low latency and high reliability [3][6] Company Overview - Glo Fiber provides next-generation FTTH multi-gigabit broadband internet access, live streaming TV, and digital phone services, now available to approximately 363,000 homes and businesses [5] - The company is recognized for its superior local customer service and straightforward pricing without long-term contracts [9] - Shenandoah Telecommunications Company (Shentel) operates an extensive regional network, offering various services including broadband internet, video, voice, and managed network services [6]