Telco TV Kicking Butt
NOON -- Telco TV providers are leading both cable and satellite in net video adds for the second quarter of 2009. Verizon Communications Inc. (NYSE: VZ) added 300,000 FiOS TV subscribers, and AT&T added 248,000 U-Verse subscribers. Compare that with the digital video net adds of Comcast (250,000), Time Warner Cable (54,000), and Charter's net loss of 5,700 subs. Telco TV is also beating satellite: DirecTV reported 224,000 net adds, and, although Dish Network LLC (Nasdaq: DISH) hasn’t reported yet, given their recent troubles, it’s a safe bet that telco TV will beat them handily./p>
These are just quarterly numbers, so we can’t get too far ahead of ourselves. But given the fact that both FiOS's and U-Verse's homes-passed footprints are significantly smaller than everyone else outlined in this analysis, we have to give them some props, don’t we?
— Bernardin Arnason, Managing Partner, Pivot Group , and Chairman, TelcoTV 2009
Interested in learning more on this topic? Then come to TelcoTV 2009, the telecom industry’s premier event for the exploration of a comprehensive entertainment convergence strategy, to be staged in Orlando, Fla., November 10-12. For more information, or to register, click here.
Interested in learning more on this topic? Then come to TelcoTV 2009, the telecom industry’s premier event for the exploration of a comprehensive entertainment convergence strategy, to be staged in Orlando, Fla., November 10-12. For more information, or to register, click here.
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