Charter Communications

Charter Announces Amended Tender Offer for Debt Securities

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星期四, 五月 9, 2024

Except as stated in this press release, no other terms of the Tender Offer have changed.

Key Points: 
  • Except as stated in this press release, no other terms of the Tender Offer have changed.
  • Morgan Stanley & Co. LLC is serving as the Dealer Manager for the Tender Offer.
  • The Tender Offer is made only by the Offer to Purchase and the information in this press release is qualified by reference to that Offer to Purchase.
  • This press release shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities.

Charter Prices $3.0 Billion Senior Secured Notes

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星期四, 五月 9, 2024

STAMFORD, Conn., May 9, 2024 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") today announced that its subsidiaries, Charter Communications Operating, LLC ("CCO") and Charter Communications Operating Capital Corp. ("CCO Capital," and together with CCO, the "Issuers"), have priced $3.0 billion in aggregate principal amount of notes consisting of the following securities:

Key Points: 
  • STAMFORD, Conn., May 9, 2024 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") today announced that its subsidiaries, Charter Communications Operating, LLC ("CCO") and Charter Communications Operating Capital Corp. ("CCO Capital," and together with CCO, the "Issuers"), have priced $3.0 billion in aggregate principal amount of notes consisting of the following securities:
    $1.5 billion in aggregate principal amount of Senior Secured Notes due 2029 (the "2029 Notes").
  • $1.5 billion in aggregate principal amount of Senior Secured Notes due 2034 (the "2034 Notes" and, together with the 2029 Notes, the "Notes").
  • Charter expects to close the offering of the Notes on May 14, 2024, subject to customary closing conditions.
  • Barclays Capital Inc., Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC were Joint Book-Running Managers for the senior secured notes offering.

Charter Offers Senior Secured Notes

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星期四, 五月 9, 2024

STAMFORD, Conn., May 9, 2024 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") today announced that its subsidiaries, Charter Communications Operating, LLC ("CCO") and Charter Communications Operating Capital Corp. ("CCO Capital," and together with CCO, the "Issuers"), intend to offer senior secured fixed rate notes (the "Notes").

Key Points: 
  • STAMFORD, Conn., May 9, 2024 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") today announced that its subsidiaries, Charter Communications Operating, LLC ("CCO") and Charter Communications Operating Capital Corp. ("CCO Capital," and together with CCO, the "Issuers"), intend to offer senior secured fixed rate notes (the "Notes").
  • The Issuers intend to use the net proceeds from the sale of the Notes to prepay borrowings outstanding under CCO's existing senior secured term loan B-1 facility (including accrued but unpaid interest related thereto), to fund an offer to purchase for cash a portion of the Issuers' outstanding 4.908% senior secured notes due 2025, and for general corporate purposes, including, to fund potential buybacks of Class A common stock of Charter and common units of Charter Communications Holdings, LLC and to pay related fees and expenses.
  • The offering and sale of the Notes will be made pursuant to an effective automatic shelf registration statement on Form S-3 filed with the Securities and Exchange Commission (the "SEC").
  • Barclays Capital Inc., Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC will act as Joint Book-Running Managers for the senior secured notes offering.

RingCentral Announces First Quarter 2024 Results

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星期二, 五月 7, 2024

RingCentral, Inc. (NYSE: RNG), a leading provider of AI-driven cloud business communications, contact center, video, and hybrid event solutions, today announced financial results for the first quarter ended March 31, 2024.

Key Points: 
  • RingCentral, Inc. (NYSE: RNG), a leading provider of AI-driven cloud business communications, contact center, video, and hybrid event solutions, today announced financial results for the first quarter ended March 31, 2024.
  • Revenue: Total revenue was $584 million for the first quarter of 2024, up from $534 million in the first quarter of 2023, representing 9% growth.
  • Cash and Cash Equivalents: Total cash and cash equivalents at the end of the first quarter of 2024 was $203 million.
  • What: RingCentral financial results for the first quarter of 2024 and outlook for the second quarter and full year of 2024.

Charter to Participate in J.P. Morgan Global Technology, Media and Communications Conference

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星期二, 五月 7, 2024

STAMFORD, Conn., May 7, 2024 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") today announced that Jessica Fischer, Chief Financial Officer, will participate in the J.P. Morgan Global Technology, Media and Communications Conference in Boston, Massachusetts on Wednesday, May 22, 2024.

Key Points: 
  • STAMFORD, Conn., May 7, 2024 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") today announced that Jessica Fischer, Chief Financial Officer, will participate in the J.P. Morgan Global Technology, Media and Communications Conference in Boston, Massachusetts on Wednesday, May 22, 2024.
  • Ms. Fischer's remarks are scheduled to begin at 9:20 a.m.
  • A live webcast of the event can be accessed on Charter's investor relations website, ir.charter.com .
  • Following the live broadcast, the webcast will be archived at ir.charter.com .

Charter to Participate in MoffettNathanson Media, Internet and Communications Conference

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星期二, 五月 7, 2024

STAMFORD, Conn., May 7, 2024 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") today announced that Christopher Winfrey, President and Chief Executive Officer, will participate in the MoffettNathanson Media, Internet and Communications Conference in New York, New York on Tuesday, May 14, 2024.

Key Points: 
  • STAMFORD, Conn., May 7, 2024 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") today announced that Christopher Winfrey, President and Chief Executive Officer, will participate in the MoffettNathanson Media, Internet and Communications Conference in New York, New York on Tuesday, May 14, 2024.
  • Mr. Winfrey's remarks are scheduled to begin at 10:00 a.m.
  • A live webcast of the event can be accessed on Charter's investor relations website, ir.charter.com .
  • Following the live broadcast, the webcast will be archived at ir.charter.com .

Vodafone Joins LF Edge as Premier Member, Initiates New Project "InstantX"

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星期三, 五月 1, 2024

SAN JOSE, Calif., May 1, 2024 /PRNewswire/ -- Open Networking & Edge (ONE) Summit — LF Edge, an umbrella organization within the Linux Foundation dedicated to fostering an open, interoperable framework for edge computing, announces that Vodafone has joined the project as a Premier member. This new partnership is highlighted by Vodafone's initiation of a pivotal project for LF Edge, designed to exchange and distribute data in real-time between users in a certain geography through "far-edge" computing power. 

Key Points: 
  • SAN JOSE, Calif., May 1, 2024 /PRNewswire/ -- Open Networking & Edge (ONE) Summit — LF Edge , an umbrella organization within the Linux Foundation dedicated to fostering an open, interoperable framework for edge computing, announces that Vodafone has joined the project as a Premier member.
  • Justin Shields, CTO at Vodafone Business, said, "I'm delighted that Sampada has been invited to join the board of LF Edge.
  • As a premier member of LF Edge, Vodafone can bring its own source coding credentials in edge computing to a leading developer community so that it can benefit many more organisations and individuals.
  • To learn more about LF Edge and its impact across the open edge commuting ecosystem, please visit www.lfedge.org .

Mega Broadband Investments Announces CEO Leadership Transition

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星期一, 四月 29, 2024

SHAWNEE, Okla., April 29, 2024 /PRNewswire/ -- Mega Broadband Investments LLC ("MBI"), a leading provider of broadband services across the Southeast, Northwest, and Mid-South United States that goes to market under the Vyve Broadband brand ("Vyve"), today announced that Andy Parrott has been promoted to the role of CEO, effective May 1st, 2024. Current CEO Phil Spencer will transition to a senior advisor role to continue to support the business' growth.

Key Points: 
  • SHAWNEE, Okla., April 29, 2024 /PRNewswire/ -- Mega Broadband Investments LLC ("MBI"), a leading provider of broadband services across the Southeast, Northwest, and Mid-South United States that goes to market under the Vyve Broadband brand ("Vyve"), today announced that Andy Parrott has been promoted to the role of CEO, effective May 1st, 2024.
  • Current CEO Phil Spencer will transition to a senior advisor role to continue to support the business' growth.
  • "We want to thank Phil for his strong leadership and partnership as CEO of MBI over the last six years and for the instrumental role he has played to build and grow MBI into the business it is today.
  • Mr. Parrott joined MBI in 2019 as the Chief Operating Officer and was promoted to the role of President in 2021.

Breezeline Supports Students in Competition to Bridge Digital Divide

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星期三, 四月 24, 2024

To prepare for the competition, participating students conduct extensive research and receive insights about broadband and emerging technologies from industry experts.

Key Points: 
  • To prepare for the competition, participating students conduct extensive research and receive insights about broadband and emerging technologies from industry experts.
  • Judges for the spring competition are Shaun Blake, vice president products and programming for Breezeline; Marva Johnson, group vice president for Charter Communications; and Nomi Bergman, president, Advance/Newhouse Partnership.
  • Breezeline is a lead sponsor, and sponsorship proceeds will help defray event costs and fund prizes for the student participants.
  • The competition, now in its 14th year, is held in the spring and fall semesters of each school year.

180 Degree Capital Corp. Notes Inclusion of Matthew F. McLaughlin as a Nominee for the Board of Directors of comScore, Inc.

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星期四, 四月 18, 2024

MONTCLAIR, N.J., April 18, 2024 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (NASDAQ: TURN) (“180 Degree Capital”) today noted the filing of a proxy statement by comScore, Inc. (“SCOR”) that includes Matthew F. McLaughlin as a nominee for election to SCOR’s Board of Directors at its upcoming 2024 Annual Meeting of Stockholders (the “Annual Meeting”).

Key Points: 
  • MONTCLAIR, N.J., April 18, 2024 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (NASDAQ: TURN) (“180 Degree Capital”) today noted the filing of a proxy statement by comScore, Inc. (“SCOR”) that includes Matthew F. McLaughlin as a nominee for election to SCOR’s Board of Directors at its upcoming 2024 Annual Meeting of Stockholders (the “Annual Meeting”).
  • In conjunction with this filing, 180 Degree Capital formally withdrew its nomination of Mr. McLaughlin as well as its proposal to declassify SCOR’s Board of Directors.
  • “Once again, we commend SCOR’s Board for reaching this conclusion and avoiding the need for a competitive proxy contest,” said Kevin M. Rendino, Chief Executive Officer of 180 Degree Capital.
  • “We believe Matt will have a meaningful impact on value creation for all stakeholders at SCOR.