executives told Wall Street investors on a conference call today that their linear video business is “at the edge of a precipice.”
Charter CEO Chris Winfrey said any resolution to the outage, which left almost 15 million customers in the dark at the start of football season, would need to happen quickly. Otherwise, he said, Charter will look to preserve broadband relationships with customers who drop video service, with them likely cutting or shaving the pay-TV cord.
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