Charter Communications, Inc. (NASDAQ:CHTR) Q3 2024 Earnings Conference Call November 1, 2024 8:30 AM ET

Company Participants

Stefan Anninger - Vice President of Investor Relations
Christopher Winfrey - President and Chief Executive Officer
Jessica Fischer - Chief Financial Officer

Conference Call Participants

Kutgun Maral - Evercore ISI
Benjamin Swinburne - Morgan Stanley
Jonathan Chaplin - New Street Research
Craig Moffett - MoffettNathanson
John Hodulik - UBS
Steven Cahall - Wells Fargo

Operator

Hello and welcome to Charter Communications' Third Quarter Investor Call. We ask that you please hold all questions until the completion of the formal remarks, at which time you will be given instructions for the question-and-answer session. Also, as a reminder, this conference is being recorded today. If you have any objections, please disconnect at this time.

I will now turn the call over to Stefan Anninger.

Stefan Anninger

Thanks, operator, and welcome, everyone. The presentation that accompanies this call can be found on our website, ir.charter.com. I would like to remind you that there are a number of risk factors and other cautionary statements contained in our SEC filings, and we encourage you to read them carefully.

Various remarks that we make on this call concerning expectations, predictions, plans, and prospects constitute forward-looking statements, which are subject to risks and uncertainties that may cause actual results to differ from historical or anticipated results.

Any forward-looking statements reflect management's current view only and Charter undertakes no obligation to revise or update such statements. On today's call, we have Chris Winfrey, our President and CEO; and Jessica Fischer, our CFO.

With that, I'll turn the call over to Chris.

Christopher Winfrey

Thanks, Stefan. We had a busy quarter, executing our operating strategy and building on the foundational investments of the past couple of years. We're also successfully managing the transition of customers previously on the government's Affordable Connectivity Program in a period of new competition.

And while we expect some normalization of external factors as we head into 2025 and much lower capital intensity beyond 2025, we're not standing still, evidenced by the series of announcements we made in September, a market leading customer service commitment, new pricing and packaging that makes better use of our unique assets in the marketplace, encapsulated in a brand refresh through Spectrum's Life Unlimited promise.

There was a lot of flattering press about the importance of wireline networks and convergence this past quarter. We remain the only true convergence pure planner footprint with a fully distributed gig capable wireline and wireless network across a growing 58 million passings everywhere we operate, soon to be symmetrical and multi-gig in all of our communities.