ST. LOUIS--(BUSINESS WIRE)--Feb. 8, 2001--Charter Communications, Inc. (Nasdaq: CHTR) today announced that the Securities & Exchange Commission (SEC) has declared effective the registration statement Charter filed with the SEC to register $750 million of 5.75% Convertible Senior Notes due 2005 issued on October 30 and November 3, 2000. The registration statement, which also covers the shares of Class A common stock issuable upon conversion of the convertible senior notes, was filed to meet a registration obligation agreed to at the time the notes were sold. The registration statement also covers shares of Class A common stock issued or issuable to entities in connection with Charter's purchase of certain cable systems in 2000. These shares were registered at the request of the former owners of these entities under agreements entered into at the time the cable systems were purchased.
With 6.3 million customers, Charter Communications, a Wired World company(TM), is among the nation's largest broadband communications companies. Charter offers an array of advanced broadband services, including cable television under the Charter Cable TV(TM) brand; advanced digital video programming services under the Charter Digital Cable(TM) brand; and high-speed Internet access via Charter Pipeline(TM). Charter's Class A common stock is traded on the Nasdaq National Market under the ticker symbol "CHTR." More information about Charter can be found on the Internet at www.chartercom.com.
Statements in this press release regarding Charter Communications' business that are not historical facts may be "forward-looking statements." Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Important factors that could cause actual results to differ materially from any such forward-looking statements are identified in the reports and documents Charter files from time to time with the U.S. Securities and Exchange Commission.
|CONTACT:||Charter Communications Inc., St. Louis|
|Media: Anita Lamont, 314/543-2215|
|Analysts: Mary Jo Moehle, 314/543-2397|