A quick review of the "C" companies whose earnings were reported over the past week indicates that telephony and business services continue to be key growth drivers.

Numbers from CableOne point to telephony. Reporting, as usual, through its parent, the Washington Post – which overall saw steep declines in publishing – Cable One saw a 350 percent, year over year increase in its number of phone subscribers, from 23,900 to 86,000.

CableOne launched telephony two years ago.

Cablevision added 81,000 voice subscribers, up 26 percent over the previous quarter. The Long Island-based operator now has 2 million voice subscribers. Net revenues for Cablevision’s Optimum Lightpath division increased 20 percent over the quarter.

Comcast reported nearly 500,000 net phone additions and a 38 percent revenue growth in business services.

Cox Business said that its business telephony service has grown 23 percent, year-over-year, up to nearly 570,000 phone lines. Total revenues for Cox Business grew 18 percent over that period. Other services Overall digital – if not basic – video subscriber growth continues for all cable telecommunications providers as well. Cox, in particular, was keen to trumpet its 50 percent year-over-year, high-definition television (HDTV) customer growth.

While high-speed data growth is slowing, Sanford Bernstein analyst Craig Moffett expects the final story on 2Q earnings to be one of cable gaining between 80 and 90 percent of broadband net additions against its competitors.
 
Time Warner Cable will report its 2Q earnings on Wednesday.

– Jonathan Tombes

Read more news and analysis on Communications Technology‘s Web site at http://www.cable360.net/ct/news/.

The Daily

Subscribe

Hill Hearing Ponders Broadband Affordability, Access

A House subcommittee hearing on broadband equity tackled everything from a permanent broadband benefit to rate regulation and municipal broadband.

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Calendar

Jun 10
The FAXIES Awards – Virtual CelebrationSave the Date! - June 10, 2021
Jul 16
Diversity List – 2021 Nominations Due: July 16, 2021
Sep 10
Most Powerful Women – 2021 Nominations Due: Sept 10, 2021
Dec 7
Most Powerful Women CelebrationSave the Date!
Full Calendar

Jobs

Seeking an INDUSTRY JOB?
VIEW JOBS

Hiring? In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors, The result will be an even more robust industry job board, to help both employers and job seekers.

Contact John@cynopsis.com for more information.