(Reuters) -Charter Communications reported a larger-than-expected decline in broadband subscribers for the third quarter on Friday, as the U.S. broadband and cable TV provider grapples with intense competition from wireless carriers.

Shares of the Stamford, Connecticut-based company fell 5% in premarket trading.

Wireless carriers’ aggressive promotion of fixed-wireless access (FWA) home internet services as a viable alternative to traditional cable internet has heightened pressure on Charter and Comcast.

Charter has been pushing its converged bundles that combine high-speed internet with competitively priced Spectrum Mobile plans. It has also expanded into rural areas to boost its broadband reach and service offerings.

Comcast said on Thursday that it does not expect the competitive br

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