Charter cuts losses in 1Q

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    Charter Communications Inc. reported better-than-expected first-quarter
    numbers Monday morning, due largely to increased subscriber totals.

    The MSO reported a loss of $174.2 million, or 59 cents per share, versus a
    loss of $280.7 million ($1.20) in the same period last year.

    Charter said it added 140,000 high-speed-data customers during the first
    quarter.

    Its digital-cable-subscriber total at the end of the quarter was 2.2 million,
    compared with 1.45 million at the end of the first quarter of
    2001.

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