Jill Goldsmith Co-Business EditorCharter Communications – the nation’s second largest cable company with about 30 million subscribers – topped Wall Street estimates with a quarterly earnings report that saw strong growth in Internet and wireless and surprising resiliency in video.CEO Tom Rutledge told analysts on a conference call that he will be extending his contract, which expires in April, 2021.“I intend to continue to be here and the board would like me to stay,” Rutledge said in response to a question.
It hasn’t been announced and he didn’t give details.The shares were up a hefty 3.3%.As expected, the company ended the June quarter with more Internet subscribers, 26.3 million — up 8.5% with 842,000 net new additions.
Read more on deadline.com