Cable and broadband giant Charter Communications narrowed its losses of pay TV customers as it reported its first-quarter results Friday.
The company, led by president and CEO Chris Winfrey, shed 51,000 residential video subscribers during the first quarter, compared to a loss of 167,000 residential video customers during the same period last year. Charter had posted a rare gain of 44,000 pay TV subs during the fourth quarter of 2025 amid continued cord-cutting across the industry.
The company earlier added programmers’ streaming applications in Spectrum’s expanded basic packages to lower churn and had a slight bump in signups when Disney channels were unavailable for YouTube TV subscribers during a recent carriage dispute. Charter had 12.5 million pay-TV customers at the end of the first quarter, down 1.3 percent from a year-earlier 12.7 million.
The company also shed 120,000 internet customers during the latest quarter, compared to a 59,000
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