Apr
30
Time Warner Cable Adds Cable Subscribers for the First Time in Years
Posted in: Uncategorized
Time Warner Cable, whose merger with Comcast was called off last week, posted first-quarter profit that missed analysts’ estimates because of higher TV programming costs, but the company reported its first quarter growth in residential cable subscribers since it began breaking out the figure in late 2010.
The number of U.S. subscribers to cable, satellite or fiber services fell for a second straight year in 2014, by about 176,000, according to research firm SNL Kagan. A year earlier, the drop was 251,000.
Time Warner Cable gained 30,000 residential cable customers, while adding 320,000 residential voice customers and 315,000 residential high-speed Internet clients, the company said Thursday.
Post a Comment