Charter Communications is facing a rocky patch as its stock plummets after another quarter of subscriber losses and falling revenue—yet it surprisingly beat earnings expectations. Amid this, the company is aggressively pursuing a $21 billion merger with Cox to revitalize its internet, video, and mobile services, aiming to close the deal by late August. While traditional customers slip away, Charter is making gains in mobile, adding over 12 million lines. Despite heavy infrastructure spending this year, the company hints at scaling back next year, signaling a potential shift toward efficiency. The next few quarters will reveal if these bold moves can turn the tide.
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