It’s the same story again: AT&T’s U-Verse remained the growth engine for consumer wireline in 3Q as wireline providers overall are hurt by cutting the phone cord. The telco added 198K U-Verse video subs, 30K better than consensus and 43K better than 2Q numbers. U-Verse is now a $9.5bln annualized revenue stream, growing at more than 38% YOY, CFO John Stephens said on a conference call Wed. Thanks to U-Verse, the company’s ahead of its forecasts for consumer wireline revenue and still expects stable wireline margins even in a challenging economy, he said. Continue reading for comments from Bernstein Research analysts.

More top stories in today’s CableFAX Daily:

 
Two years after most Cablevision subs missed out on the first 2 games of the World Series due to an impasse with Fox, some 50K customers in CT stand to miss out on baseball’s big game thanks to the ongoing blackout of FOX CT.
 
Former NCTA chief Kyle McSlarrow has a new role as regional vp, Mountain Region. The move might seem surprising to some, but here’s why we think it fits.
 
Netflix CEO Reed Hastings loves talking about HBO. After suggesting in July that the companies could work together someday, he’s predicting that the net will eventually offer a stand-alone streaming service that doesn’t require a cable subscription.
 

The Daily

Subscribe

Charter Looks to Aid Community Centers, Job Training

Last October, Charter completed its seven-year goal of improving 50,000 homes under its Spectrum Housing Assist initiative. Now, it’s taking aim at community centers.

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

Sep 17
Most Powerful Women – 2021 Final Deadline: Sept 17, 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.