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Essay: Charter Communications Inc

Sample Essay

Words 1,105

This is an essay on Charter Communications Inc. It is nation’s third-largest cable provider, swung to a profit of $37 million in the third quarter, thanks to gains from a debt exchange as it wages a debt-shedding restructuring effort in its “year of transition.”

Introduction

Charter Communications Inc., the nation’s third-largest cable provider, swung to a profit of $37 million in the third quarter, thanks to gains from a debt exchange as it wages a debt-shedding restructuring effort in its “year of transition.”

The St. Louis-based company, controlled by Microsoft Corp. co-founder Paul Allen and serving about 6.6 million customers in 40 states, reported Monday that it earned 7 cents per share, compared with a loss of $166 million, or 57 cents per share, a year ago. The latest results include a $267 million gain related to a debt exchange completed in September.

Revenues rose 3 percent to $1.21 billion from $1.17 billion, fueled by increased numbers of digital-video and high-speed data customers.

The Challenge: Competitive Advantage

Identifying new technology trends is always tricky. By the time something becomes a trend, it is too late for most early stage investors to reap benefits. Yet it is a very useful exercise. Only by looking at the Meta forces that shape our professional and personal lives, can we understand and capitalize on emerging business opportunities in the global technology industry. (Top ten trends, 2004)

To survive in today’s market, Communications Service Providers face mounting pressures to find and sustain competitive advantages. It is no longer enough for their technology offerings to be innovative and cutting edge, now they must be cost effective and generate revenue.

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