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The Big Six: By the Numbers

Financial position of major cable operators; all figures are for the 12 months 
ending June 30, 1996

                        EBITDA*   CAPITAL    INTEREST  DEBT AS  SUB-
                       MILLIONS EXPENDITURES PAYMENTS MULTIPLE  SCRIBERS
                                  MILLIONS   MILLIONS OF EBITDA MILLIONS

TCI                        2,111     1,957     1,053       6.3   14.5
TIME WARNER                1,480     1,700     1,562       6.7   11.8
CONTINENTAL CABLEVISION!     717       599       431       7.8   4.2
COMCAST                    1,105       567       542       6.5   4.2
COX COMMUNCATIONS            542       484       133       4.8   3.2
CABLEVISION SYSTEMS          436       346       350       6.4   2.7

*Earnings before interest, taxes, depreciation, and amortization
! Will be acquired by U S West this year
DATA: SALOMON BROS. DEBT ANALYST STEVYN SCHUTZMAN


Updated June 14, 1997 by bwwebmaster
Copyright 1996, by The McGraw-Hill Companies Inc. All rights reserved.
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