How did CHTR manage expenses in Q2 2024?

Charter Communications, Inc. (CHTR) managed expenses in Q2 2024 by focusing on innovation and cost control despite aggressive competition. The company's operating expenses have increased slightly, with programming costs being the primary expense. However, the company has been able to partially offset these increases through revenue growth driven by mobile services, Internet, and advertising sales.

1. **Strategic Focus on Innovation and Cost Control**: Charter has been managing expenses by focusing on innovation and cost control. This is evident from the company's emphasis on offering a variety of services and innovating to drive growth and improve profitability.
2. **Revenue Growth**: The company's revenue growth has been primarily driven by an increase in residential mobile service, residential Internet, and advertising sales revenues, partially offset by a decrease in residential video revenue. This trend has been consistent over the past three years.
3. **Programming Costs**: Charter's programming costs have decreased by 8.2% year-over-year to $2.57 billion, reflecting fewer video customers and a higher mix of lower-cost packages within Charter's video customer base, partly offset by contractual programming rate increases, renewals and adjustments.
4. **Capital Expenditures**: The company's capital expenditures have been high, mostly driven by Charter's network evolution and expansion initiatives and a one-time settlement payment in the first quarter of 2024, which has impacted free cash flow.