Charter lost 233,000 internet subscribers and 77,000 video subscribers in Q3 and seeks to cut $2 billion in costs over the next 18 months while redesigning its operations, Cord Cutter News
reports. This left Charter with 34.3 million internet and 13.8 million video subscribers. Charter reported Q3 revenue of $14.9 billion and a $2.4 billion net loss. The firm’s Spectrum subsidiary
is facing subscriber erosion and competition. Some of Charter’s new savings will result from cutting projects that do not support internet growth and eliminating management
layers.