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A look at cable, satellite TV earnings reports
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Jeremy Dale Thompson
May 10, 2012, 2:57:33 AM5/10/12
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Here is a summary of earnings reports for selected cable and satellite TV companies and what they reveal about the industry's prospects:
April 19: Verizon Communications Inc. added 180,000 FiOS video customers to end the quarter with 4.4 million.
April 24: AT&T Inc. added 200,000 U-verse TV customers to reach 4 million.
April 26: Time Warner Cable Inc. added a net 592,000 cable TV customers, mainly through the acquisition of Insight Communications, a cable TV company with customers in Indiana, Kentucky and Ohio. That deal closed in February.
Wednesday: Comcast Corp. says it lost 37,000 cable subscribers, roughly the same number it lost in the same quarter last year. It ends the quarter with 22.3 million.
Coming up:
Thursday: Cablevision Systems Corp.
May 8: DirecTV Inc., Charter Communications Inc.
Not yet known: Dish Network Corp.
http://boonplanet.com/?sbarticleid=1258&a-look-at-cable-satellite-tv-earnings-reports
April 19: Verizon Communications Inc. added 180,000 FiOS video customers to end the quarter with 4.4 million.
April 24: AT&T Inc. added 200,000 U-verse TV customers to reach 4 million.
April 26: Time Warner Cable Inc. added a net 592,000 cable TV customers, mainly through the acquisition of Insight Communications, a cable TV company with customers in Indiana, Kentucky and Ohio. That deal closed in February.
Wednesday: Comcast Corp. says it lost 37,000 cable subscribers, roughly the same number it lost in the same quarter last year. It ends the quarter with 22.3 million.
Coming up:
Thursday: Cablevision Systems Corp.
May 8: DirecTV Inc., Charter Communications Inc.
Not yet known: Dish Network Corp.
http://boonplanet.com/?sbarticleid=1258&a-look-at-cable-satellite-tv-earnings-reports
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