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425
CHARTER COMMUNICATIONS, INC. /MO/ filed this Form 425 on 02/05/2016
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FEBRUARY 04, 2016 / 03:00PM GMT, CHTR - Q4 2015 Charter Communications Inc Earnings Call









Operator

Thank you. Marci Ryvicker with Wells Fargo.


Marci Ryvicker - Wells Fargo Securities, LLC - Analyst

Tom, you mentioned pricing being flat in 2016 versus 2015. But then Chris, you said there were modest increases in 2015 over 2014. So just want to make sure that we heard this right. There won't be any rate increases across your products in 2016? That's the first question. And then Chris, you gave us CapEx, a light guide for 2016. Anything on programming cost you can tell us? Either to be aware of seasonally, by quarter, or a growth rate? Thanks.


Chris Winfrey - Charter Communications Inc - CFO

Marci, there are no material rate increases in 2016 planned.


Marci Ryvicker - Wells Fargo Securities, LLC - Analyst

And that's been consistent, correct?


Chris Winfrey - Charter Communications Inc - CFO

Yes. Yes. On programming cost, we don't typically give guidance. We're not going to do it today. But I think what I would say is that, the back half of last year, you saw a continued high amount of programming cost increase, but at a lower rate than it had been. And that's where we are today. So for Charter, on a standalone basis, of course, that's not where we intend to be. We're in that range that you're seeing in the financials today.


Marci Ryvicker - Wells Fargo Securities, LLC - Analyst

Okay, then I have one follow-up. On the sub results, I'm assuming this is due to better churn. That's been consistent what we've heard from Time Warner Cable and Comcast. Any comment on churn versus gross adds?


Tom Rutledge - Charter Communications Inc - President and CEO

Our gross adds are up and our churn is down. Both.


Marci Ryvicker - Wells Fargo Securities, LLC - Analyst

Got it. Thank you.


Operator

Your next question comes from the line of Mike McCormack with Jefferies.


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