Insight Earnings
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| November 9, 2006
Insight’s 3Q total rev jumped 14% to $318mln, led by rev increases in basic (8%), HSD (22%), digital (28%) and telephone (47%) services. The MSO’s total RGU’s grew 14% to 2.61mln, powered by net gains of 16K basic subs (1.32mln total), 26K digital subs (598K), 45K HSD subs (580K) and 6K phone subs (113K). Avg monthly rev/basic sub in 3Q was $80.90, compared to $73.57 last year. Growth has been achieved, Insight said, through increased spending on sales and mktg efforts, an emphasis on bundling, and video service differentiation with VOD, HDTV and DVRs.