Charter Communications Sells Units for Nearly $900M
A Reuters newswire article, via CNN/Money, reports that:
Charter Communications said Tuesday it plans to sell several cable systems representing 316,000 subscribers for $896 million, and the company posted a narrower quarterly loss, helped by subscriber growth.
Charter posted a fourth-quarter net loss of $336 million, or $1.06 per share, compared with a loss of $340 million, or $1.12 per share, a year earlier.
posted by Fergie @ 2/28/2006 10:28:00 AM
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