Charter has reported its financial and operating results for the first quarter of 2018. Residential video customers decreased by 122,000 in the first quarter of 2018, compared to the first quarter 2017, when video customers had decreased by 100,000, or 108,000 when adjusted for seasonal program changes at Legacy Bright House. As of the end of the first quarter of 2018, Charter had 16.4 million residential video customers.
During the first quarter, Charter continued its all-digital efforts in the approximately 20% of Legacy TWC’s footprint and 60% of Legacy Bright House’s footprint that are not yet all-digital. All-digital allows Charter to offer more advanced products and services, and provides residential customers with two-way digital set-top-boxes, which offer better video picture quality, an interactive programming guide and video on-demand on all TV outlets in the home.
