Charter Communications CEO Rutledge and Texas Governor Gregg speak at the White House in Washington

via Reuters

U.S. President Donald Trump on Friday touted Charter Communications Inc’s (CHTR.O) decision to invest $25 billion in the United States and its previously disclosed plan to hire 20,000 workers over four years.

At a White House event with the second-largest U.S. cable company’s Chief Executive Thomas Rutledge and Texas Governor Greg Abbott, Trump praised Charter for planning to close its offshore call centers and move them to the United States.

On a number of occasions, Trump has touted job announcements at the White House that had been planned or announced previously.

Much of the Charter announcement was not new. The company said in October it planned to add 20,000 jobs as part of its acquisitions of Time Warner Cable and Bright House Networks. Read More