InvestorsFebruary 15, 2007
Charter Telephone Reaches Half-Million Customer Mark
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The achievement was accomplished in a relatively short period of time; primarily during the past year when Charter undertook an aggressive rollout of telephone.
Charter Telephone has more than quadrupled its number of customers since the beginning of 2006. Today it passes more than 6.8 million homes, and Charter plans to launch phone service in more markets this year.
The milestone underscores the growth Charter has been experiencing with its triple-play bundle of services: Charter Digital(TM) Video, Charter High-Speed(TM) and Charter Telephone. "More than seven out of 10 of our Telephone customers subscribe to all three services," said Ted Schremp, Senior Vice President and General Manager for Charter Telephone. A new customer pays as low as $99.97 for Charter's triple-play bundle.
"Charter Telephone gives customers a new and better choice for phone service, and when combined with other Charter services, the great value and convenience is undeniable" said Mr. Schremp.
Charter Telephone offers customers an unlimited local and long distance calling plan for the U.S., Canada and Puerto Rico, which includes 10 features and voicemail at no additional charge. In certain markets, Charter Telephone has successfully launched a plan that includes unlimited calling to Mexico. Charter Telephone service is provisioned over a private, managed network, unlike offerings that run on the public Internet.
"We want to thank each of our 500,000 customers who have helped us achieve this milestone," said Mr. Schremp. "They appreciated a new choice in phone service and trust us to keep them connected with a comprehensive range of advanced communications services."
Angela McCall of St. Louis signed up for Charter's triple- play bundle of services becoming Charter Telephone's half-millionth telephone customer. The mother of four children, ages 18 to 12, subscribed to all three services because, "it's the best deal in town." Ms. McCall will participate in a celebration ceremony at 3 p.m. today at Charter Communications' corporate headquarters in Town & County, where she will be presented with a free year of the Charter triple-play bundle along with a high definition television, desktop computer, and cordless telephone system.
Among Charter's current areas of coverage are Long Beach, San Gabriel Valley, Riverside/Inland Empire, Los Angles, and Glendale, CA; Willimantic and Newtown, CT; Gwinnett County and Athens, GA; Worcester and Chicopee, MA; Kalamazoo, Grand Haven, Holland, Allendale, Traverse City, Bay City and Saginaw, MI; Rochester, MN; St. Louis, MO; Reno, NV; Asheville and Hickory, NC; Greenville, Spartanburg and Anderson, SC; Jackson, Blount County, Cleveland and Tri-Cities, TN; Fort Worth, TX; Kennewick and Yakima, WA; and Fond du Lac, Madison, Wausau and Eau Claire, WI.
About Charter
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(R) video entertainment programming, Charter High-Speed(TM) Internet access service, and Charter Telephone(TM) services. 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.
SOURCE: Charter Communications, Inc.
Charter Communications, Inc. Media Margaret Lejuste, 303-323-8189 or Analysts Mary Jo Moehle, 314/543-2397