Cablevision is in a difficult strategic position following Superstorm Sandy,...
Cablevision is in a difficult strategic position following Superstorm Sandy, leaving it with limited ability to increase rates on its products, Canaccord Genuity analyst Thomas Eagan wrote in a note to investors. Cablevision said Thursday it would increase by $5…
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a month its broadband service rates for customers not currently getting a promotional rate. “While this move will have a positive impact on revenue, we believe it will likely lead to lower customer growth as subscribers churn off at a greater rate,” Eagan said.