U.S. pay-TV providers added about 150,000 new subscribers in the...
U.S. pay-TV providers added about 150,000 new subscribers in the fourth quarter of 2012, down from 228,000 in the same period in 2011, UBS Investment analysts said in a research note. It’s the weakest fourth quarter since 2010, when net…
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adds were 115,000, UBS said. The decrease was driven partially by Superstorm Sandy, they said. Telco subscriber additions fell 18.9 percent year-over-year, after rising 3.3 percent in the third quarter, they said. “Cable losses improved 9.5 percent as Comcast came close to adding video subs for the first time in five years.” The industry also added about 564,000 new broadband customers in Q4, down from more than 715,000 a year ago, they said. Telco subscriber additions fell 54.1 percent annually to 53,000, while cable additions fell 14.8 percent to about 511,000, UBS said.