Cable Q4 results: Charter Communications results were mixed. It...
Cable Q4 results: Charter Communications results were mixed. It lost 66,400 video customers during the quarter, more than some analysts forecast. But it added 155,300 VoIP customers, beating some estimates. Broadband additions of 50,500 also disappointed, Miller Tabak analyst…
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David Joyce wrote. Total revenue increased 9.9 percent to $1.5 billion. Its net loss widened 23 percent to $386 million as it paid back some debt… Liberty Global added 214,000 broadband subscribers, 217,000 phone customers and 6,000 video subscriptions, for a total of 437,000 new lines. Wachovia analyst Jeff Wlodarczak expected the company to add 525,000, he said. Subscriber growth was slower than expected in Western Europe and Romania, he said. Revenue increased 38 percent from a year earlier to $2.4 billion. Liberty Global’s net loss widened to $197.2 million from $31.3 million on income tax expenses and investment losses. Liberty also said it will double its $500 million stock buyback program… Washington Post Co.’s Cable One added 9,119 basic video subscribers, 52,000 broadband accounts and 55,700 phone lines during the quarter. Sales increased 12 percent from a year ago to $165 million. Jan. 1, 2008, Cable One raised its basic video rates $3.50 per month. It added $3.05 to its monthly broadband fee in September. Operating income for the quarter increased 18 percent to $33.8 million.