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Charter Begins Kicking Up Speeds To Kick Off 2014

Stocks in this article: CHTR





STAMFORD, Conn., Jan. 6, 2014 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) today announced that it has raised internet speeds for all Charter Business "Essentials30" and "Pro50" customers to 60 Mbps and 80 Mbps respectively at no extra cost.  The company also announced that its residential Internet customers will see Internet speed increases, including a doubling of its flagship service speeds from 30Mbps to 60Mbps at no extra cost as the new Charter Spectrum suite of products and services are launched in all Charter markets through 2014. 

(Logo: http://photos.prnewswire.com/prnh/20110526/AQ10195LOGO )

"Charter Business and Charter Spectrum are providing unmatched value with the fastest speeds and the most robust suites of products and services available in our markets," said Jon Hargis, Chief Marketing Officer for Charter Communications.  "These speed increases are being launched at no additional cost to both our residential and business customers giving them more productivity and at the same price of their current speed tier."  

This marks the fifth time in four years Charter Business will feature faster Internet speeds at no additional cost for business customers. By doubling the "Essentials30" Internet downstream offering, and increasing the Pro50 speeds by 60%, Charter Business will provide unmatched bandwidth options throughout its service areas. These speeds will be available to new customers, and will take place automatically for existing customers in the packages being impacted. 

Charter's residential Internet subscribers will also see their speeds increase for no additional fee in 2014.  Charter's 30mbps packages will be raised to 60 mbps as the company launches it new Charter Spectrum suite of products.  Charter Spectrum will launch in all markets this year as those markets are upgraded to all digital. Charter Spectrum will bring to customers many new services and enhancements including increased Internet speeds, more HD channels and the most VOD content available in its markets.

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