Cable ops' profits down in the third quarter

December 2007
CED;Dec2007, Vol. 33 Issue 12, p6
Trade Publication
The article reports on the decline of the profits and basic video subscriber additions of quarter, four of the top-five cable operators in the third quarter of 2007 in the U.S. Comcast, the largest U.S. cable operator, reported a drop of 65,000 in basic subscriber additions. According to Time Warner Cable, second-largest U.S. cable operator, its net income fell to $248 million, from $1.2 billion in the same quarter of 2006.


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