Valued at a market cap of around $27.6 billion, Charter Communications, Inc. (CHTR) is a prominent broadband connectivity and cable telecommunications company that provides internet, television, mobile, and voice services to residential and commercial customers across the United States. Headquartered in Stamford, Connecticut, the company operates primarily under the Spectrum brand and serves tens of millions of customers across more than 40 states.
Companies valued at $10 billion or more are typically classified as “large-cap stocks,” and CHTR fits the label perfectly. Charter is one of the largest cable and broadband providers in the United States, with its network capable of reaching more than 50 million homes and businesses.
