ST. LOUIS--(BUSINESS WIRE)--April 15, 2003--Charter Communications, Inc. (Nasdaq:CHTR) will host a conference call Tuesday, April 15, 2003 at 4:00 p.m. Eastern Time (ET) to discuss and answer questions pertinent to results for the year 2002, outlook for 2003, and today's filing of its Form 10-K for the year ended December 31, 2002 with the Securities & Exchange Commission. The Company had previously announced an extension in filing its 10-K until April 15, 2003, to provide additional time to finalize its financial statements, related filings, disclosures and audits.
The conference call will be broadcast live via the Company's website at www.charter.com. The call can be accessed through the "Investor and News Center" portion of the website, via the "About Us" heading at the top of the page. Participants should go to the call link at least 10 minutes prior to the start time to register. The call will be archived on the "Investor and News Center" in the "Webcast" section on the left beginning two hours after the completion of the call.
Those parties interested in participating via telephone should dial 888.233.1576. International participants should dial 706.643.3458.
A replay of the call will be available at 800.642.1687 or 706.645.9291 beginning two hours after the completion of the call through midnight April 22, 2003. The passcode for the replay is 9804650.
About Charter Communications
Charter Communications, A Wired World Company(TM), is the nation's third-largest broadband communications company. Charter provides a full range of advanced broadband services to the home, including cable television on an advanced digital video programming platform via Charter Digital Cable(R) brand and high-speed Internet access marketed under the Charter Pipeline(R) brand. Commercial high-speed data, video and Internet solutions are provided under the Charter Business Networks(TM) brand. Advertising sales and production services are sold under the Charter Media(TM) brand. More information about Charter can be found at www.charter.com.
Cautionary Statement Regarding Forward-Looking Statements:
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 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, including, without limitation, the statements under the sections entitled "2002 Overview" and "2003 Outlook." 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. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as "believe," "expect," "anticipate," "should," "planned," "will," "may," "intend," "estimated," and "potential," among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release are set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission, or the SEC, and include, but are not limited to:
-- our ability to sustain and grow revenues and cash from operations by offering video and data services and to maintain a stable customer base, particularly in the face of increasingly aggressive competition from other service providers; -- our ability to comply with all covenants in our credit facilities and indentures, any violation of which would result in a violation of the applicable facility or indenture and could trigger a default of other obligations under cross default provisions; -- availability of funds to meet interest payment obligations under our debt and to fund our operations and necessary capital expenditures, either through cash from operations, further borrowings or other sources; -- any adverse consequences arising out of the restatement of our financial statements described herein; -- the results of the pending grand jury investigation by the United States Attorney's Office for the Eastern District of Missouri, the pending SEC investigation and the putative class action and derivative shareholders litigation against us; -- the cost and availability of funding to refinance the existing debt that becomes due commencing in 2005; -- our ability to achieve free cash flow; -- our ability to obtain programming at reasonable prices; -- general business conditions, economic uncertainty or slowdown and potential international conflict; -- the impact of any armed conflict, including loss of customers in areas with large numbers of military personnel; and -- the effects of governmental regulation on our business.
All forward-looking statements attributable to us or a person acting on our behalf are expressly qualified in their entirety by this cautionary statement. We are under no obligation to update any of the forward looking statements after the date of this news release to conform these statements to actual results or to changes in our expectations.
CONTACT: Charter Communications, St. Louis Media: Deb Seidel, 314/543-5703 email@example.com or Analysts: Mary Jo Moehle, 314/543-2397 firstname.lastname@example.org SOURCE: Charter Communications