Charter Communications, Inc.

In Barry County in Michigan, Charles H. Leonard founded the Charter Communications CATV system in 1980. Initially, the offices and headquarter of the Charter system were situated at 1001 Payne Lake Road, Yankee Springs Township, Michigan. In 1993, Charter was merged by Barry Babcock, Jerald Kent, and Howard Wood. In the same year, it was incorporated into the state of Missouri.

In 1995, the company paid about $300 million for a controlling interest in cable television systems. In 1997, in order to deliver high-speed internet, charter, and Etherlink came together. They worked to offer internet in Los Angeles and Riverside, California, to charter customers.

Paul Allen bought a controlling interest in 1998. To purchase Marcus Cable a Dallas-based cable company, it paid $ 2.8 billion. The organization reached the mark of 1 million customers in 1998.

1999–2008

For trading on the NASDAQ stock exchange went public in 1999. At that time, it had 3.9 million customers. It purchased our cable systems from American Cable Entertainment of Stamford, Connecticut, and added 68,000 subscribers in Southern California. In 1999, it signed a contract with AT&T Corporation and swapped 1.3 million cable subscribers in St. Louis, Alabama, Georgia, and Missouri. Charter Communications bought select AT&T cable markets in 2000. It also acquired Reno, Nevada, and the City of St. Louis.

In 2001, Charter and MSN partnered to provide MSN content and services to Charter's broadband customers. In the same year, the company got various awards like Outstanding Corporate Growth Award from the Association for Corporate Growth, the Fast 50 Award for Growth from the St. Louis Regional Chamber and Growth Association, and the R.E. "Ted" Turner Innovator of the Year Award from the Southern Cable Telecommunications Association.

In 2008, the company stocks failed to reach the standards of the NASDAQ. So, it was warned to fill the needs by October 13 or request an extension. In the same year, Charter bought the cable-television franchise for the Cerritos and Ventura, California, areas from Wave Broadband.

2009-2017

In 2009, Charter Communications announced that it would file for the United States Bankruptcy Code. On March 28, 2009, the company filed a prearranged bankruptcy. The company’s bankruptcy plan was approved on November 30, which helped the company to get relief from debt of around $ 8 billion.

In 2010, Charter Class A common stock was listed again on NASDAQ. And it was listed under the symbol of ‘CHTR.’ In 2013, Charter announced that it would acquire former Bresnan Communications systems from Cablevision. The transaction's worth was around US$1.63 billion. In March 2015, the company announced buying Bright House Networks from Advance/Newhouse for $10.4 billion. In the same year, Charter and Time Warner Cable announced that they had entered into an agreement for Charter would merge with Time Warner Cable. The agreement of the deal was done at $78.7 billion.

2017-Present

In 2017, Verizon Communications was in talks with Charter to discuss a possible buyout. However, Greig Maffei, president and CEO of Liberty Media, they were not interested in the deal, and the deal was rejected in 2017. In 2018, New York Public Service Commission fined Charter $2 million for failing to meet obligations. In 2022, Charter and Comcast announced they are working on developing a streaming platform for a 50/50 venture. As a result, Comcast would license its Flex streaming platform and Xumo streaming service.