Time Warner Cable Beats Estimates, Subscription Revenue Up -- Seeking Alpha - 0 views
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anonymous on 29 Jan 10Time Warner's 4th quarter financial results from 2009. They reported an increase in total revenues, which came from growth in subscriptions. A decline in advertising revenues was reported. Subscriber Statistics During the fourth quarter, Time Warner Cable added 56,000 Digital Video subscribers to 8.866 million. The company lost 105,000 Basic Video subscribers to 12,859 million, added 120,000 Residential high-speed data subscribers to 8.994 million, added 2,000 Commercial high-speed data subscribers to 0.295 million, added 75,000 Residential Digital phone subscribers to 4.153 million, and also added 9,000 Commercial Digital phone subscribers to 0.067 million. During the same quarter the company added 64,000 Triple play subscribers to 3.448 million, added 27,000 Double play subscribers to 4.9 million, and lost 146,000 Single play subscribers to 6.224 million.