The rate of cord cutting will begin to slow down, says Charter Communications CEO

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'We're actually adding lots of cord,' Tom Rutledge says. 'Connections that we sell, mobile, broadband — they're increasing and they're accelerating in terms of the rate of growth.'

In the third quarter of 2019, major U.S. pay-TV providers lost around 1.74 million video subscribers,. That is up from a loss of 975,000 subscribers in the same quarter last year.

"The lack of security with password sharing, you know, kids going to college with their parents' password. That whole college market is gone, and the second-home market is gone to a certain extent," said Rutledge, who has led Charter Communications since 2012.

 

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