DirecTV Group Inc.'s U.S. subscriber additions in the fourth quarter, at 125,000, were expectedly light, but the satellite TV giant made some serious hay in Latin America, where it
added a better than expected 590,000 subs. DirecTV posted net income of US$718 million, up 16 percent year-over-year, on revenues of $7.46 billion, up almost 13 percent.
Time Warner Cable Inc. is getting closer to offering TV streaming on Android devices, extending a capability already offered on iOS devices, PCs and Macs. Company official Jeff Simmermom Tweeted Wednesday that the MSO is "working on bringing streaming TV to Android devices with ICS [Ice Cream Sandwich]. Should be ready by end of March/Q1. That date is VERY loose, though." (See TW Cable Streams Live TV to PCs.)
FCC Chairman Julius Genachowski will talk regulatory turkey with American Cable Association (ACA) President and CEO Matthew Polka and independent cable operators on Wednesday, March 14 at the ACA Summit in Washington, D.C.
Competitive cable overbuilder Knology Inc. ended the fourth quarter with 256,653 subs, a small 0.5 percent gain versus the year-ago quarter. Knology posted net income of $11.6 million, versus a net loss of $13.0 million, on revenues of $129.3 million, up 4.6 percent.
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