# Lumen and Charter Cut Third-Quarter Capital Spending in 2026

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/51539
Published: 2026-11-08T10:37:22.000Z
Updated: 2026-11-08T10:37:22.000Z
Section: Business

> Lumen’s nine-month total edged lower, while Charter’s actual total rose. Charter’s pro forma spending fell for the quarter and the first nine months.

Lumen Technologies and Charter Communications both spent less on capital projects in the third quarter of 2026 than in the same period in 2025; over the first nine months, Lumen’s total edged lower while Charter’s actual total rose.

Lumen’s capital expenditures were $872 million for the quarter ended Sept. 30, 2026, compared with $1.041 billion in the third quarter of 2025. For the first nine months, Lumen spent $2.717 billion, slightly below the $2.723 billion total for the same period in 2025.

Charter’s actual capital expenditures totaled $3.027 billion in the third quarter, down from $3.051 billion in the third quarter of 2025. Its actual spending for the first nine months rose to $8.753 billion from $8.324 billion in the same period of 2025.

On a pro forma basis, Charter’s third-quarter spending was $3.235 billion, compared with $3.642 billion in 2025. Its nine-month pro forma total was $9.924 billion, down from $10.052 billion in 2025.