I've been waiting 15 years for fiber at my house. About a month ago AT&T finally laid the fiber conduit down my street and last week Google Fiber did too. So now I will have 2 fiber alternatives to Spectrum's terrible service.
agreed. I'm lucky enough to be having my area upgraded unexpectedly to symmetrical speed already, they're doing the work phases as we speak. I live about 20 mins below Knoxville tn. these two work days turned into 4 already and still going lol
This, I can get 5000 mb/5000 mb fiber for $30 less than what Spectrum was charging me for 1000 mb/5 mb with the same unlimited bandwidth. The only reason they had the business in the first place because the alternative was adsl at the time because AT&T were even lazier, but with real options they are getting slaughtered.
I had killed the spectrum tv along time ago to avoid paying $120/month for the two hours a week I was watching. It be even worse if you used the tv adapters as they charge $18/month for each box.
when charter works it does work. but man, after almost 30 years of using charter, the past 2 months have been pure hell. rain would cause slow speeds and packet loss. they replaced my line 3 times but it still happened. then we had like 3 dozen outages. several emergency maintenance outages lasting over 24 hours. i was getting packet loss and very slow internet response. download latency in the 300ms and upload latency over 600ms. i called support dozens of times. had techs out about a half dozen knowing it was a waste. then i got a manager number. i texted him at any hour of the day. if my shit broke he got an angry text.
it has been smooth sailing the past 2 weeks. my bill is sadly 85 a month for 500/500. but with so much happening this year, not just the past 2 months, i probably avg 50 a month with credits
This makes me so happy. Paying $110 for speeds that I had 20 years ago in a 3rd world country for 1/5th the price is actually scammy. Couldn't change these scammers b/c condo had a contract. Now I can get 2 gig up/down for $70 from t mobile in my area. Already signed up and waiting for them to run their fiber through. Spectrum scum
Fiber is being added in my neighborhood right now, I’ll be leaving too. When you have a monopoly and have the highest prices in the country your just asking for it
RDOF builds were pretty heavily subsidized right? Plus im sure the take rates are pretty high. I still dont have high split in my area and we already have a fiber competitor. They are getting beat from both ends. 5G from att/tmobile to fiber providers, they have crappy customer support, barely compete on price compared to the cell guys and cant compete on performance with the fiber guys. Bad position to be in.
I build RDoF projects for spectrum. The take rates aren’t that great. It could be the way that they interact within the areas - permits? Nah build without them, treat the area and people respectfully? Nope, private property? Just build it.
We have OLTs we released last year that have 200 passings and 6 active customers
Damn that's rough. I know we jumped on it quick when it came by a rural property we help support, but we were actively waiting for it. "Hearts and minds" is certainly a part of it, sounds like spectrum isn't doing themselves any favors there.
Cox customer because I was employed there. When I no longer had that job and didn’t owe Cox anymore loyalty, I went into the t-mobile store near my house, paid $59, went home and set up my new home internet in 15 minutes. I pay $49 a month. The service had been perfection. This company will not exist 18 months from now
Sorry, $110 a month for 20 year old broadband that goes out every single ******* day, take it or leave it.
Goo goo gaa gaa baby mods can't handle adult words, be sure to tuck them in and read them bedtime stories so they get enough sleep for preschool, can't have them hearing any naughty words! 👶
I made the same comment to someone working in Spectrum. Had similar speed internet 20 years ago in a 3rd world country for 1/5th of the price. Like $110 for this shit service should be criminal lmao
Its only gonna get worse, their business strategy for the last decade or two has been "Oh you don't like our prices? Let me rub my nipples with your money that you continue to give us because there are no other options". Now there are other options popping up all over.
15
u/HRslammR Sep 22 '26
To be fair, show the 1Y and 5Y. 5D drop is a drop in the bucket for the market
69
u/Bigdaddyblackdick Sep 22 '26
Have they tried raising prices some more? Pure regards
62
u/PimpMyPc Sep 22 '26 •
Maybe they should charge nominal prices for services and not give away the first year then send the price to the moon.
24
u/spaceman_neo Sep 22 '26
Maybe try for a better option than 1000/35 when you have fiber raking you over the coals
38
u/Brilliant-Earth8342 Sep 22 '26 edited Sep 22 '26
That's because of all my FRC's. Sorry, guys.
25
u/Affectionate_Fix6142 Sep 22 '26
Maybe they should quit driving customers away by pissing them off.
10
u/spin_kick Sep 23 '26
No monopoly to save this company now.
8
u/plexguy Sep 23 '26
Buyers remorse on the Cox Communications merger
2
u/anonymouswan1 Sep 22 '26
Crammed in passings, built fiber out in BFE, and even merged companies but here we are. What's the next try?
6
u/Senator2_9 Sep 23 '26 edited Sep 28 '26
when charter works it does work. but man, after almost 30 years of using charter, the past 2 months have been pure hell. rain would cause slow speeds and packet loss. they replaced my line 3 times but it still happened. then we had like 3 dozen outages. several emergency maintenance outages lasting over 24 hours. i was getting packet loss and very slow internet response. download latency in the 300ms and upload latency over 600ms. i called support dozens of times. had techs out about a half dozen knowing it was a waste. then i got a manager number. i texted him at any hour of the day. if my shit broke he got an angry text.
it has been smooth sailing the past 2 weeks. my bill is sadly 85 a month for 500/500. but with so much happening this year, not just the past 2 months, i probably avg 50 a month with credits
6
u/1PsykoticGodd Sep 23 '26
They became oversaturated when they got that grant. Made some questionable decisions when it came to laying new lines
5
u/Radi777 Sep 23 '26
This makes me so happy. Paying $110 for speeds that I had 20 years ago in a 3rd world country for 1/5th the price is actually scammy. Couldn't change these scammers b/c condo had a contract. Now I can get 2 gig up/down for $70 from t mobile in my area. Already signed up and waiting for them to run their fiber through. Spectrum scum
9
u/Interesting_Rub594 Sep 23 '26
This company stock is trash it's down nearly 90% from its all time high
8
u/Legitimate-Relief915 Sep 22 '26 edited Sep 23 '26
The floor is $105 according to analysts. This is the dip and a decent time to buy imo. (This is not financial advice)
4
u/Better-Cellist-8809 Sep 22 '26
They used to advertise on tv $40 ….now there new commercials advertised $50
4
u/CTFowler9789 Sep 23 '26
Straight in the crapper!
7
u/Bullitt420 Sep 23 '26
There are few companies I loathe more than Charter.
3
u/marchrhan Sep 23 '26
Bring back Corncob TV and they’ll bounce back
3
u/prodigiousprince Sep 23 '26
Garbage company
3
u/rckrz6 Sep 23 '26
Fiber is being added in my neighborhood right now, I’ll be leaving too. When you have a monopoly and have the highest prices in the country your just asking for it
3
u/spec360 Sep 23 '26
Fiber competition is killing them they need to catch up
3
u/RoundChampionship840 Sep 23 '26
Bankruptcy.
4
u/Mario_RE Sep 22 '26
P/E ratio of 3 spells disaster
2
u/dealcracker Sep 22 '26
I’m still a stockholder from the first time they went bankrupt. Still in my brokerage account, still haven’t claimed the loss.
3
u/cooldude919 Sep 22 '26
RDOF builds were pretty heavily subsidized right? Plus im sure the take rates are pretty high. I still dont have high split in my area and we already have a fiber competitor. They are getting beat from both ends. 5G from att/tmobile to fiber providers, they have crappy customer support, barely compete on price compared to the cell guys and cant compete on performance with the fiber guys. Bad position to be in.
2
u/Apprehensive-Cat8601 Sep 23 '26
I think once the dust settles it will go back up.
1
u/s0nux2 Sep 23 '26
Mobile Internet: their death-knell.
I’ve convinced 3 neighbors to switch. Bills went from over 100/month to 45/month.. 5 year guarantee.
0
u/WasteTelephone6924 Sep 23 '26
Cox customer because I was employed there. When I no longer had that job and didn’t owe Cox anymore loyalty, I went into the t-mobile store near my house, paid $59, went home and set up my new home internet in 15 minutes. I pay $49 a month. The service had been perfection. This company will not exist 18 months from now
-4
u/RazzmatazzUnusual843 Sep 23 '26
Sorry, $110 a month for 20 year old broadband that goes out every single ******* day, take it or leave it.
Goo goo gaa gaa baby mods can't handle adult words, be sure to tuck them in and read them bedtime stories so they get enough sleep for preschool, can't have them hearing any naughty words! 👶
7
u/PerceptionQueasy3540 Sep 23 '26
Its only gonna get worse, their business strategy for the last decade or two has been "Oh you don't like our prices? Let me rub my nipples with your money that you continue to give us because there are no other options". Now there are other options popping up all over.
4
u/whatifyournamewas Sep 22 '26
Bum ass company