Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

http://www.businessweek.com/ap/2012-11-02/a-look-at-cable-satellite-tv-earnings-reports

AP News

A look at cable, satellite TV earnings reports


Cable and satellite TV companies have begun releasing their earnings reports for the latest quarter. Here is a summary of earnings reports for selected companies and what they reveal about the industry's prospects.

— Oct. 18: Verizon Communications Inc. added 119,000 FiOS video customers in the third quarter to end with 4.6 million.

— Oct. 24: AT&T Inc. says it added 198,000 U-verse TV subscribers to reach 4.3 million.

— Oct. 26: Comcast Corp. says it lost 117,000 video subscribers in the quarter, leaving it with about 22 million. Video subscriber losses have slowed for eight quarters in a row, which the company said was due to better customer service and fewer in-person service calls. Analysts were expecting an average decline of 123,000.

Coming up:

— Monday: Time Warner Cable Inc.

— Tuesday: Cablevision Systems Corp., DirecTV Group Inc., Dish Network Corp., Charter Communications Inc.


The Aging of Abercrombie & Fitch
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus