Exhibit
99.1
NEWS
Charter
Receives Notice of Compliance
with
Nasdaq Minimum Price Listing Standard
St. Louis, Missouri, May 14,
2008 – Charter Communications, Inc. (NASDAQ: CHTR) announced today that
it has received notice from the Nasdaq Global Select Stock Market that it
is compliant with the minimum price continued listing standard of the Nasdaq
Global Select Stock Market. The Company regained compliance when the
Company’s Class A common stock closed at or above $1.00 for the 10 consecutive
business days ending May 12, 2008.
On May 12, 2008, Charter reported first
quarter earnings for the three months ended March 31, 2008. For the quarter,
Charter reported revenue growth of 10.5%, revenue generating unit
growth of 7.1%, and average revenue per basic customer growth of 13.4% on a
pro forma basis versus
the comparable period in 2007.
About
Charter Communications
Charter
Communications, Inc. is a leading broadband communications company and the
third-largest publicly traded cable operator in the United States. Charter
provides a full range of advanced broadband services, including Charter Digital®
video entertainment programming, Charter High-Speed® Internet access, and
Charter Telephone®. Charter Business™ similarly provides scalable, tailored and
cost-effective broadband communications solutions to business organizations,
such as business-to-business Internet access, data networking, video and music
entertainment services and business telephone. Charter’s advertising sales and
production services are sold under the Charter Media® brand. More information
about Charter can be found at www.charter.com.
# # #
Media: Investors:
Anita
Lamont Marty
Richmond
314-543-2215 314-543-5621