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A look at cable, satellite TV earnings reports

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The Associated Press 11:11 AM Thursday, February 9, 2012

Here is a summary of earnings reports for selected cable and satellite TV companies and what they reveal about the industry's prospects:

Jan. 24: Verizon Communications Inc. says it added 194,000 FiOS TV subscribers to end the year with 4.2 million.

Jan. 26: AT&T Inc. says it added 208,000 TV subscribers to U-Verse. It ended 2011 with 3.8 million video subscribers.

Time Warner Cable Inc. says it lost 129,000 video customers during the quarter to end with 12.1 million. All the losses were in residential services, while the number of business customers was unchanged.

Coming up:

Feb. 15: Comcast Corp.

Feb. 16: DirecTV Inc.

Feb. 27: Charter Communications Inc.

Feb. 28: Cablevision Systems Corp.

Unknown: Dish Network Corp.

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February 09, 2012 04:04 PM EST

Copyright 2012, The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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Copyright © Thu May 24 09:37:43 EDT 2012 Middletown Journal, Middletown, Ohio, USA.All rights reserved.

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