Competition from fixed wireless and fiber connection services have been eating into the company’s home‑internet subscriber base. Charter Communications logged its fourth consecutive decline in quarterly revenue as its count of internet and video subscribers continues to drop.

The company posted a second‑quarter profit of $1.29 billion, or $10.66 a share, compared with $1.3 billion, or $9.18 a share, in the year‑earlier quarter with a larger base of shares outstanding. Analysts polled by Fact Set had been expecting $9.98 a share. Revenue pulled back by 1.8% to $13.53 billion, just ahead of analyst estimates for $13.51 billion.

During the quarter, internet subscribers fell by 172,000 to a total of 29.4 million, while video customers dropped by 21,000 to about 12.5 million. This trend underscores the increasing pressure from emerging connectivity options.

In the past quarter, the competition has intensified with the launch of new fixed wireless bundles and fiber upgrades, leading to churn among Charter’s customers.

The decline highlights how the loss of internet and video subscribers is eroding revenue streams.