Thursday, August 2, 2012

Time Warner Cable lost 169,000 subscribers, spares DirecTV's blushes

Time Warner Cable lost 169,000 subscribers, spares DirecTV's blushes

TWC pushed out its second quarter results, showing it's following the trend of shedding customers without hurting the bottom line. It took in $5.4 billion in revenue for the three month period - with more cash coming from selling higher tiers of service to existing users - leaving it with a net profit of $452 million.

Engadget , Time Warner Cable lost 169,000 subscribers, spares DirecTV's blushes, Time Warner Cable lost 169,000 subscribers, spares DirecTV's blushes