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story category Cablevision Profit Up
Unlike other operators, adds basic cable subs...
(old news - 11:57AM Wednesday Aug 08 2007)
tags: business · cable · Cablevision
Cablevision has released their earnings (pdf), and reports a net revenue growth of 12% for the second quarter. The company posted higher profits ($317.4 million) than expected, thanks in part to the sale of their stake in the FSN Bay Area and FSN New England networks to Comcast.
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"Cablevision's Optimum Voice service, recently honored by J.D. Power, now reaches 30% of the homes passed by our fiber-rich network, and the penetration rates of all of our consumer telecom services continue to lead the cable industry," concluded Mr. Dolan.
The company says basic cable additions were "basically flat" (that's code for they lost 348 basic video subscribers), in contrast to the 95,000, 57,000 and 29,300 basic cable customers lost by Comcast, Time Warner Cable and Charter, respectively, this quarter. The company added 39,000 digital cable customers, 50,000 broadband customers and 81,000 VoIP customers.

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Forums » Cablevision Profit Up
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Post a:

Bobcat
Cablevision sucks donkey balls
Premium
join:2001-02-04
Bedminster, NJ

Optimum Voice

I wonder how well it would have worked this morning with our 4 1/2 hour power failure.

BLUNTED 1

join:2003-11-13
Floral Park, NY

Re: Optimum Voice

it wouldnt have worked at all unless you had a battery backup and OOL's batteries were up to date on the poles.
UofMiamiGrad
Premium
join:2001-02-03
Great Neck, NY


2 edits

Someone's math sucks!

Cablevision did not add 38K basic video subs for the quarter. They lost 348 subs for the quarter. Year over year, they did add 38K basic video subs.

Also love the updated basic video sub growth, from 1-2% to flat now. HMMM!!! Also revenue growth was lowered from mid teens to around 11%

BLUNTED 1

join:2003-11-13
Floral Park, NY

Re: Someone's math sucks!

Profits are up but the service is horrible
Insider101

join:2006-09-19
Brooklyn, NY

Re: Someone's math sucks!

Blunted,
you are just a prick... They are purposely screwing with your speeds so you cancel and be a prick to another isp. Those are my thoughts from reading your lame rantings.

Jmartz

join:2000-07-20
Tenafly, NJ

Re: Someone's math sucks!

The service itself isn't all that bad.. what sucks is their Set Top Boxes... they lack features and are just clunky.

But overall, the service itself isn't all that bad... but it could be interesting to see how they respond to DirecTV... yes, they added 15 VOOM HD channels... but it would be nice if we could get some more mainstream channels in HD when they launch later this year and next year... the subscriber numbers to watch are after DirecTV starts dumping new HD on customers.
Forums » Cablevision Profit Up


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