Etisalat CharterTV, Internet and wireless services under the Special Brand brand, reported the results of the fourth quarter that exceeded Wall Street’s expectations.
Profits One stock increased from $ 10.10 over the expectation of the streets in the street compared to $ 9.22. The revenues of $ 13.9 billion were close to an estimate of $ 13.88 billion.
The company threw 177,000 Internet customers during the period ending December 31, with the completion of 30.1 million. Charter also lost 123,000 video subscribers in this period, ending 2024 with 12.3 million subscribers, a decrease of approximately 9 % from the end of 2023.
Total revenue increased by 1.6 % during the previous quarter. The company’s rates of residential mobile service income are 37 % and 26 % in advertising sales revenues as a main engines.
The shares of the charter increased by 3 % in the pre -market trade on Friday after profit news. They fell 6 % on Thursday with other shares Bold Service providers in the wake of the quarterly profit report in Komca. ComcAST has revealed broad broader joint losses than Wall Street expected, as they calm investors given the long consistency of the wide range as an anti -TV weight. The shares of the charter decreased by 12 % during the past year.
On the paid payment front, the charter continues to try to review the role for a long time for distributors given the total impact of rope cutting. The company gained widespread attention in 2023 to take a position with Disney in transport negotiations, allowing ESPN, ABC and other networks in dark for 10 days in late summer. The companies ended with the settlement and the signals were operated, but only after CEO Chris Winfrey spent to caution From the scenario of “moving to” possible with the structure of a completely different video product. “A few regional operators have gave up the paid TV in favor of the broader. Bid.
