History
Charter Communications incorporated in Delaware in 1993. Through a series of acquisitions as well as internally financed growth, the company served 1 million customers in 1998, 3.9 million in 1999, and 6.8 million in 2002.
Four former executives received criminal indictments in 2005 for accounting fraud related primarily to the inflation of cable subscriber numbers. The company has been under financial pressure; its stock peaked at $27.75 per share in November 1999, before falling to under $1 in 2002. On September 14, 2010 Charter Class A common stock was relisted on NASDAQ under the symbol "CHTR", and as of Dec 1, 2010 the 52 Wk High/ Low is $39.99/$29.10.
In 2006, Charter accelerated sales of cable telephone services using Broadband Telephony technology.
On March 28, 2009, Charter Communications filed for Chapter 11 bankruptcy. Charter emerged from bankruptcy, Nov. 30, 2009.
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