8-K/AOther Events

CHARTER COMMUNICATIONS, INC. /MO/ 8-K/A Report (Apr 23, 2002)

Filed April 23, 2002For Securities:CHTR

Summary

Charter Communications, Inc. (CHTR) filed an 8-K/A on April 23, 2002, to amend a previous filing from April 22, 2002. The primary purpose of this amendment is to correct an error in the original EDGAR submission, which inadvertently included filings for subsidiaries. This 8-K/A primarily announces the company's decision to change its independent public accountants. Effective April 22, 2002, Charter Communications has dismissed Arthur Andersen LLP and engaged KPMG LLP as its new independent auditors for the fiscal year 2002, following a recommendation from the Board's Audit Committee. The filing also discloses an acquisition that occurred on April 10, 2001, where indirect, wholly-owned subsidiaries purchased assets of certain Illinois cable systems serving approximately 21,387 customers for $48,293,000. An additional acquisition of about 6,513 customers in Illinois from an Enstar entity is anticipated to close in the third quarter of 2002 for $14,707,000. There were no stated disagreements with Arthur Andersen on accounting matters.

Key Highlights

  • 1Charter Communications, Inc. (CHTR) filed an 8-K/A on April 23, 2002, correcting a prior submission.
  • 2The company has dismissed Arthur Andersen LLP as its independent auditor, effective April 22, 2002.
  • 3KPMG LLP has been engaged as the new independent auditor for fiscal year 2002.
  • 4The change in auditors followed a recommendation from the Board's Audit Committee.
  • 5There were no disagreements with Arthur Andersen regarding accounting principles, financial disclosure, or auditing procedures.
  • 6Charter Communications acquired assets of Illinois cable systems serving approximately 21,387 customers for $48,293,000 on April 10, 2001.
  • 7An additional acquisition of approximately 6,513 customers in Illinois is expected to close in Q3 2002 for $14,707,000.

Frequently Asked Questions

Charter Communications is filing an 8-K/A to correct an error in a previously filed Form 8-K. The original submission inadvertently included filings for its subsidiaries, and this amendment supersedes the earlier report entirely.

Effective April 22, 2002, the company's Board of Directors dismissed Arthur Andersen LLP and engaged KPMG LLP as its independent public accountants for fiscal year 2002. This decision was made based on the recommendation of the Board's Audit Committee.

No, the filing states that there were no disagreements with Arthur Andersen on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure during the preceding two fiscal years or the interim period. Arthur Andersen has provided a letter confirming this agreement.

The filing notes the acquisition of assets from Enstar entities in Illinois on April 10, 2001, for approximately 21,387 customers for $48,293,000. It also anticipates a future acquisition of approximately 6,513 customers in Illinois from an Enstar entity for $14,707,000, expected to close in the third quarter of 2002.