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Fly News Breaks for August 26, 2019
CHTR
Aug 26, 2019 | 11:01 EDT
KeyBanc analyst Brandon Nispel says Charter Communications' TV and internet price increases, reported over the weekend by Cord Cutters News, will "be all incremental" since price hikes are not included in his current model. The combined impact of the price changes could be over $1.0B in revenue, Nispel tells investors in a research note. He sees the hikes are accretive to 2020 numbers. Charter shares are up 2%, or $8.85, to $394.36 in morning trading.
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