Charter Communications

  • Charter Communications is a U.S. cable TV operator and telecommunications company. The St. Louis-based company is controlled by Microsoft co-founder Paul Allen.

    On March 27, 2009, the company officially filed for bankruptcy. Charter reported that it plans to continue operating through its restructuring to reduce its debt by $8 billion.CNN: UPDATE: Charter Communications Files For Chapter 11 Bankruptcy (March 27, 2009)

  • Charter Statement

    "The purpose of Charter's financial restructuring is to strengthen its balance sheet in order to fully support the Company's operations and service its debt. As such, the agreement-in-principle contemplates paying trade creditors in full."Charter Communications: Charter Communications Reaches Agreement...

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