Mediacom Sees Broadband, Phone Customer Growth, Video Declines
Despite a loss of 11,000 video customers in Q2, Mediacom ended the quarter with 13,000 additional customers on broadband and phone customer growth, it said Tuesday, announcing Q2 results. Mediacom said it ended the quarter with 842,000 video customers, 1.23…
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million high-speed data customers and 454,000 phone customers. Revenue rose 4.4 percent to $450.8 million, with big growth in high-speed data and in business services offsetting declines in video, phone and advertising revenue, it said. After expenses, free cash flow rose 7 percent to $55.6 million.