Earnings
RCN reported a 7% increase in overall 2Q rev to $159mln and a 5% rise in rev from its core residential (+3%) and business (+13%) segments. Added in the Q were 10K new customers and 27K RGUs, including 3K video and 28K HSD (voice was flat). The overbuilder counted 409K subs as of Jun 30, 67% of whom take a bundle. ARPC is $109. ’07 rev outlook was raised by $5mln, to $625-$635mln. RCN also announced a pact with VoIP provider deltathree to expand its voice service beyond its current service areas. — Motorola’s Home and Networks Mobility segment recorded $2.6bln (+9%) in 2Q sales and operating earnings of $207mln (-16%). Delivered in the Q were 4.23mln digital set tops (+74%), including 938K DVRs (+38%), 1.33mln HD boxes (+35%) and 604K IPTV boxes (+230%). Moto also announced the planned implementation of a MPEG-4 AVC encoding system to allow HBO to deliver 26 HD channels within the next year. — Outdoor Channel Holdings reported a 15.2% increase in 2Q rev to $11.5mln, powered by a 19.2% jump in Outdoor Channel ad rev to $6.8mln and a 10% rise in sub fees to $4.8mln. A "number" of distribution deals for the net are expected to be completed in the coming months, said pres/CEO Roger Werner.