8-KRegulation FD

CHARTER COMMUNICATIONS, INC. /MO/ 8-K Report, Regulation FD Disclosure (Mar 17, 2006)

Filed March 17, 2006For Securities:CHTR

Summary

Charter Communications, Inc. (CHTR) filed a Form 8-K on March 17, 2006, to disclose updated capital expenditure projections. During a telephone conference with analysts, President and CEO Neil Smit provided specific details regarding the capital investment required for the roll-out of the company's telephone product. This filing indicates that Charter expects to spend between $230 million and $260 million on its telephone product expansion during 2006. Importantly, this figure is already incorporated within the previously announced total projected capital expenditures for the year, which range from $1 billion to $1.1 billion. This provides investors with greater clarity on the allocation of capital within the broader expenditure plan.

Key Highlights

  • 1Charter Communications provided an update on its 2006 capital expenditure plans.
  • 2The company expects to invest $230 million to $260 million in its telephone product roll-out during 2006.
  • 3This telephone product expenditure is part of the total projected 2006 capital expenditures.
  • 4Total projected capital expenditures for 2006 remain between $1 billion and $1.1 billion.
  • 5The information was disclosed during a telephone conference with telecommunications analysts.
  • 6Neil Smit, President and CEO, provided the guidance.
  • 7The filing was made on March 17, 2006.

Frequently Asked Questions

The main purpose of this 8-K filing is to provide an update on Charter Communications' capital expenditure plans for 2006, specifically detailing the anticipated spending for the roll-out of its telephone product.

Charter Communications expects to invest between $230 million and $260 million in the roll-out of its telephone product during 2006.

No, the $230 million to $260 million allocated for the telephone product roll-out is included within the company's total projected capital expenditures of $1 billion to $1.1 billion for 2006.

The information was provided by Neil Smit, President and Chief Executive Officer of Charter Communications, during a telephone conference with telecommunications analysts.