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FINANCIAL ASTROLOGY

First Trade Date for Charter Communications, Inc.

 

 

Company NameFirst Trade Date (yyyy-mm-dd)
Charter Communications, Inc.1999-11-09

Company NameSymbol
Charter Communications, Inc.CHTR
History and Business of Company
(this information may include date of incorporation)
Charter Communications, Inc. (CHTR) is a holding company whose principal asset is an approximate 31% equity interest and a 100% voting interest in Charter Communications Holding Company, LLC., which is also a holding company and is the indirect owner of all of the company's cable systems. The company is one of the largest operators of cable television systems in the U.S., serving about 6.4 million customers, after giving effect to pending acquisitions.

CHTR offers a full range of traditional cable television services and has begun to offer digital cable television services to customers in some of its systems. Digital cable television is cable television service provided through digital technology. Digital technology enables cable operators to increase the channel capacity of cable systems by permitting a significantly increased number of video signals to be transmitted over a cable system's existing bandwidth.

The company has also started to introduce a number of other new products and services, including interactive video programming, which allows information to flow in both directions, and high- speed Internet access to the World Wide Web. Charter Communications, Inc. is also exploring opportunities in telephony, which will integrate telephone services with the Internet through the use of cable. The introduction of these new services represents an important step toward the realization of the company's Wired World vision, where cable's ability to transmit voice, video and data at high speeds will enable it to serve as the primary platform for the delivery of new services to the home and workplace.

In 2000, CHTR focused on integrating the operations of its newly acquired systems and improving the cable systems it had acquired. In 16 acquisitions completed in 1999 and 2000, the company added approximately 3.9 million customers.

INCORPORATED in Delaware July 22, 1999. In November,1999, the company acquired an approximate 31% equity interest and 100% voting interest in Charter Communications Holding Company, LLC. OFFICE- 12444 Powerscourt Drive, Suite 100, St. Louis, MO 63131 (Tel.: 314-965-0555). Fax - 314-965-9745. WEBSITE- http://www.chartercom.com.





 

 

 

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