COVID-19 Offers Boost Charter’s Subscriber Growth
Corporate earnings in 2020 have been anything but business as usual. Investors are just now starting to see how COVID-19 has impacted business operations across America.
Unlike most companies, cable TV and broadband internet provider Charter Communications (NASDAQ: CHTR) found some silver lining in the pandemic. The company provided special COVID-19 incentives for customers to sign up for subscriptions, which ended up boosting its subscriber numbers and improving its financial results.
To combat the negative effects of the pandemic, Charter participated in "Keep Americans Connected," which is a program created by the U.S. Federal Communications Commission (FCC) to ensure Americans did not lose their broadband or telephone connectivity.
Source Fool.com
