Spectrum owner seals billion-dollar acquisition as customers flee
Spectrum, which is owned by Charter Communications, has faced significant headwinds in its broadband business as it struggles to compete with growing rivals. After seeing hundreds of thousands of its internet customers jump ship over the past year, the company has received approval to acquire a major competitor to help reverse those losses. In Charter Communications’ latest earnings report, the company revealed that Spectrum lost a whopping 119,000 internet customers during the fourth quarter of 2025 alo ...