Charter Communications Says Net Neutrality Will Slow Broadband Growth and Mean Higher Fees

Charter Communications Statement Regarding the FCCs Adoption of Open Internet Rules

Stamford, Conn. February 26, 2015 Charter Communications, Inc. (NASDAQ:CHTR) today released the following statement regarding the FCCs adoption of open Internet rules.

Charter supports net neutrality because our subscribers expect nothing less than a free and open Internet. This means that Charter does not block, slow down or prioritize Internet traffic. However, the rules adopted today will add fees to customer bills, create regulatory uncertainty and lead to years of litigation that, together, will slow the progress and development of faster broadband for our subscribers. Rather than operate within this outdated and overly broad regulatory regime, Charter looks forward to working with Congress to pass a new open Internet law that protects consumers, provides certainty for investors and freedom for innovators.

Charter (NASDAQ: CHTR) is a leading broadband communications company and the fourth-largest cable operator in the United States. Charter provides a full range of advanced broadband services, including advanced Charter Spectrum TV video entertainment programming, Charter Spectrum Internet access, and Charter Spectrum Voice. Spectrum Business similarly provides scalable, tailored, and cost-effective broadband communications solutions to business organizations, such as business-to-business Internet access, data networking, business telephone, video and music entertainment services, and wireless backhaul. Charter’s advertising sales and production services are sold under the Charter Media brand. More information about Charter can be found at charter.com.