WEST POINT, Ga. -- Knology, Inc. (NASDAQ-GM: KNOL) today reported financial and operating results for the third quarter ended September 30, 2006. Total revenue for the third quarter of 2006 was $65.3 million compared to revenue of $64.1 million for the previous quarter and $58.6 million for the same period one year ago. Knology reported EBITDA, as adjusted, of $17.3 million for the third quarter of 2006, representing an all-time high for the company. EBITDA, as adjusted, was $16.5 million in the previous quarter and $12.6 million in the third quarter of 2005.

Knology reported a net loss attributable to common stockholders for the third quarter of 2006 of $10.5 million or $(0.30) per share, compared with a net loss of $10.2 million, or $(0.42) per share for the previous quarter and $8.2 million, or $(0.34) per share for the third quarter of 2005. The net loss attributable to common stockholders for the third quarter of 2005 included a gain of $8.5 million on the sale of discontinued operations.

Total connections increased 8,391 for the third quarter of 2006 to 458,467 as of quarter end. The company added net connections in all three service offerings during the quarter, including 4,764 data connections, 2,329 voice connections and 1,298 video connections. Average monthly revenue per connection was $47.79 for the third quarter 2006 compared to $47.89 in the previous quarter and to $46.49 in the third quarter of 2005. Average monthly connection churn during the third quarter was 2.8%, unchanged from the prior quarter and the same period one year ago.

“We are pleased with the financial results of the business,” said Rodger L. Johnson, President and Chief Executive Officer of Knology, Inc. “We have maintained our focus on business fundamentals and customer service, driving the company to record high revenue and EBITDA performance in the third quarter of 2006.”

M. Todd Holt, Chief Financial Officer of Knology, Inc. added, “Our improved capital structure, including the lower cash interest requirements, along with strong operating performance and efficient capital spending, resulted in solid free cash flow for the third quarter of 2006, and positions the company for positive free cash flow trends in future periods.”

Knology Inc. (Nasdaq: KNOL)