InvestorsDecember 6, 2007
Charter Now Offers up to 44 High Definition Channels in Louisiana
ST. LOUIS--(BUSINESS WIRE)--Dec. 6, 2007--Charter Communications, Inc. (NASDAQ: CHTR) today announced it now offers up to 44 high definition channels in its Louisiana territory, more than doubling the number of available high definition channels in recent weeks.
Over the course of the coming year, Charter plans to significantly increase the number of high definition channels in all its high definition markets. By implementing bandwidth-saving technologies, like switched digital, the Company aims to aggressively expand its high definition offerings in 2008 and beyond.
In addition to launching additional high definition channels, Charter also offers high definition on demand. Charter recently announced plans to provide over 100 high definition programming options, including high definition video on demand, in nearly all its markets by the end of the year.
At any given time Charter customers will be able to choose from over 100 high definition options including movies, series, educational shows and much more. Video on demand lets customers watch what they want, when they want it, and is a clear advantage over the video offerings of satellite providers.
"Our Louisiana system was upgraded after hurricanes Katrina and Rita," said Cathy Fogler, Vice President and General Manager of Video for Charter. "We are pleased to be able to move so quickly to double the number of available high definition channels as a result.
"Adding these high definition channels and high definition on demand content to our video offerings, when combined with our high-speed Internet and telephone services, further enhances the value of the Charter Bundle for our customers," Ms. Fogler concluded.
For information on Charter's services, including high definition, call 1-888-GET-CHARTER (1-888-438-2427) or visit www.charter.com today.
About Charter Communications(R)
Charter Communications, Inc. is a leading broadband communications company and the third-largest publicly traded cable operator in the United States. Charter provides a full range of advanced broadband services, including advanced Charter Digital Cable(R) video entertainment programming, Charter High-Speed(R) Internet access, and Charter Telephone(R). Charter Business(TM) similarly provides scalable, tailored, and cost-effective broadband communications solutions to business organizations, such as business-to-business Internet access, data networking, video and music entertainment services, and business telephone. Charter's advertising sales and production services are sold under the Charter Media(R) brand. More information about Charter can be found at www.charter.com.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS:
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, our plans, strategies and prospects, both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions including, without limitation, the factors described under "Risk Factors" from time to time in our filings with the Securities and Exchange Commission ("SEC"). Many of the forward-looking statements contained in this release may be identified by the use of forward-looking words such as "believe," "expect," "anticipate," "should," "planned," "will," "may," "intend," "estimated," "aim," "on track," "target," "opportunity" and "potential," among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this release are set forth in other reports or documents that we file from time to time with the SEC, and include, but are not limited to:
-- the availability, in general, of funds to meet interest payment obligations under our debt and to fund our operations and necessary capital expenditures, either through cash flows from operating activities, further borrowings or other sources and, in particular, our ability to fund debt obligations (by dividend, investment or otherwise) to the applicable obligor of such debt; -- our ability to comply with all covenants in our indentures and credit facilities, any violation of which could trigger a default of our other obligations under cross-default provisions; -- our ability to pay or refinance debt prior to or when it becomes due and/or refinance that debt through new issuances, exchange offers or otherwise, including restructuring our balance sheet and leverage position; -- competition from other distributors, including incumbent telephone companies, direct broadcast satellite operators, wireless broadband providers, and DSL providers; -- difficulties in introducing, growing, and operating our telephone services, such as our ability to adequately meet customer expectations for the reliability of voice services; -- our ability to adequately meet demand for installations and customer service; -- our ability to sustain and grow revenues and cash flows from operating activities by offering video, high-speed Internet, telephone and other services, and to maintain and grow our customer base, particularly in the face of increasingly aggressive competition; -- our ability to obtain programming at reasonable prices or to adequately raise prices to offset the effects of higher programming costs; -- general business conditions, economic uncertainty or slowdown; and -- the effects of governmental regulation, including but not limited to local and state franchise authorities, on our business.
All forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by this cautionary statement. We are under no duty or obligation to update any of the forward-looking statements after the date of this release.
CONTACT: Charter Communications, Inc.
Anita Lamont, 314-543-2215
Mary Jo Moehle, 314-543-2397
SOURCE: Charter Communications, Inc.