broadband giant faces fierce competition, stock outlook mixed By Investing.com
Charter Communications , Inc. (NASDAQ:), the second-largest cable provider in the United States with a market capitalization of $59 billion, finds itself at a critical juncture as it navigates a rapidly evolving telecommunications landscape. According to InvestingPro data, the company has demonstrated strong profitability with an EBITDA of $21.5 billion in the last twelve months. The company, which operates under the Spectrum brand, serves millions of customers across 41 states, offering a suite of services including internet, TV, mobile, and voice. As Charter approaches the end of 2024, it faces both significant opportunities and formidable challenges that are shaping its financial outlook and market position.
