Cable's Siren Song: A Cautionary Tale of Competition and Cash Flows Charter Communications, a US based company, has been struggling to maintain its market share in the face of intense competition from mobile operators scaling up their fixed wireless services.
Despite this headwind, First Eagle Global Fund recently highlighted Charter as a "high quality business with difficult to replicate assets" that generate steady cash flows and return cash to shareholders.
However, a closer examination of Charter's financials reveals a more nuanced picture. Over the past 52 weeks, the company's shares have lost nearly 45% of their value, with a one month return of 4. 10%.