TacticScaleWhat Charter Communications Does & How It Makes Money (CHTR)
Updated October 2026 · reflects Charter Communications's latest reported financials
U.S. broadband provider of Spectrum internet, mobile, TV, and phone service. Charter earns most of its revenue from monthly subscriptions for internet, mobile, video, and voice services paid by homes and businesses.
How Charter Communications makes money
Charter earns most of its revenue from monthly subscriptions for internet, mobile, video, and voice services paid by homes and businesses. It also makes money selling advertising on cable networks and streaming platforms, and from production services for regional sports networks.
What Charter Communications does
Charter Communications, founded in 1993 and headquartered in Stamford, Connecticut, is a U.S. broadband connectivity company that operates under the Spectrum brand. Its core offering is subscription internet service, which it bundles with mobile, video, and VoIP voice services. It adds features such as managed in-home WiFi, the Call Guard robocall blocker, and interactive TV guides with on-demand and pay-per-view content. Beyond residential customers, Charter sells internet access, data networking, fiber connectivity, and business phone services to companies, and supplies connectivity to apartments, gated communities, student housing, senior residences, and RV parks. It also runs an advertising business across cable networks and streaming platforms, provides production services for regional sports networks, and owns local news channels such as Spectrum News NY1 and Spectrum News SoCal.
Products & services
- Spectrum Internet
- Spectrum Mobile
- Spectrum TV (video)
- Spectrum Voice with Call Guard
- Advanced/In-home WiFi
- Spectrum News NY1
What is Charter Communications worth?
On an owner-earnings DCF, Charter Communications's most-likely value is about $300 versus a recent price near $103 (190% below fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$209) with a margin of safety — so the honest verdict here is “Deeply discounted.” Fair value earns its keep only at the extremes, not in the wide middle.
On the financials alone, $103 is below even the no-growth floor ($209); the market's discount — expectations and sentiment beyond the numbers — is pricing in ≈ -12.3%/yr. A bargain only if that pessimism is overdone.
⚠ High leverage — net debt is 22.6× annual cash flow. Net debt is subtracted from this fair value, but refinancing at higher rates, principal timing, and share dilution aren’t modeled — the equity can be worth far less if cash flow weakens.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
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