Time Warner Cable Q3 Results Lack Sizzle

While Comcast and Cox Communications reported record-setting results for quarterly cable modem subscriber additions in Q3, Time Warner Cable managed only to improve over its weak Q2 performance. Time Warner Cable added 168,000 high-speed data subs in Q3, 32% more than its awful Q2, but 13% less than its Q1 2004 additions. Basic video cable subscribers declined 11,000 from the prior quarter to 10.9 million, while digital video subscribers climbed 72,000 in Q3 to total of 4.7 million, a 41% decline from its Q2 digital video adds. The MSO said its Digital Video Recorder (DVR) service subscribers increased by 118,000 to 709,000, while subscribers to its Subscription Video-On-Demand services rose 82,000 to nearly 1.4 million subscribers, representing 15% and 29% of digital video customers, respectively. Time Warner Cable said its remains on track to deploy IP telephone in all 31 of its divisions by the end of 2004. At September 30, IP phone service was available commercially or on a test basis in all but one Time Warner Cable division.
Be the first to post a comment regarding this story.
Sign In