Charter Communications, Inc. Registers Previously Issued Convertible Senior Notes.Business Editors ST. LOUIS--(BUSINESS WIRE)--Jan. 26, 2001 Charter Communications Charter Communications NASDAQ: CHTR is an American company providing cable television, high-speed Internet, and telephone services to more than 5.7 million customers in 29 states. It is the third-largest publicly traded cable operator in the U.S. , Inc. (Nasdaq:CHTR CHTR Charter CHTR Canadian High Temperature Research ) today announced that it has filed a registration statement with the Securities Exchange Commission (SEC) to register $750 million of 5.75% Convertible Senior Notes due 2005 issued on October 30 and November 3, 2000. The registration statement, which was filed to meet a registration obligation agreed to at the time the convertible senior notes were sold, also covers the shares of Class A common stock issuable upon conversion of the convertible senior notes. The registration statement also covers shares of Class A common stock issued or issuable to entities in connection with Charter's purchase of certain cable systems in 2000. These shares are being registered at the request of the former owners of these entities under agreements entered into at the time the cable systems were purchased. Charter has also filed an amendment to a previously filed registration statement, declared effective by the SEC on September 26, 2000. The amendment was filed to update company financial and operating information. This registration statement covers approximately 5.7 million previously issued and outstanding shares of Class A common stock. These shares were originally issued to certain sellers of cable systems acquired in 1999 and are included in the 233.7 million shares of Charter's Class A common stock outstanding as of September 30, 2000. This filing does not impact the number of Charter's publicly tradable shares. With 6.3 million customers, Charter Communications, a Wired World(TM) company, is among the nation's largest broadband broadband Term describing the radiation from a source that produces a broad, continuous spectrum of frequencies (contrasted with a laser, which produces a single frequency or very narrow range of frequencies). communications companies Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. . Charter offers an array of advanced broadband services See broadband and broadband service provider. , including cable television under the Charter Cable TV(TM) brand; advanced digital video programming services under the Charter Digital Cable(TM) brand; and high-speed Internet See broadband. access via Charter Pipeline(TM). Charter's Class A common stock is traded on the Nasdaq National Market under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors "CHTR." More information about Charter can be found on the Internet at www.chartercom.com. Statements in this press release regarding Charter Communications' business that are not historical facts may be "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. ." Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Important factors that could cause actual results to differ materially from any such forward-looking statements are identified in the reports and documents Charter files from time to time with the U.S. Securities and Exchange Commission. |
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