Time Warner Cable, Comcast, Charter broadband subscriptions rise amidst ongoing video losses

If there was one common theme the top cable MSOs saw in the second-quarter results, it was that broadband subscriptions continued to rise as more video customers cut the cord in favor of online video alternatives like Netflix (NASDAQ: NFLX) and Hulu. 

According to SNL Kagan, pay-TV operators lost 625,000 subscribers in the second quarter, the biggest quarterly loss ever reported for the sector. However, the cable MSO industry added 608,000 high speed data (HSD) customers during the period.  

FierceCable has this new report tracking metrics and statistics from Strategy Analytics, Jackdaw Research, SNL Kagan. Check out the special report here.

Suggested Articles

Frontier Communications is looking to rebound from a disappointing second quarter last month by offering a new managed cloud IT service.

Tyson, Virginia-based GiGstreem raised $10 million in a Series B funding round that was led by RET Ventures with participation from LNC Partners.

Comcast sent its Senior VP of Next Generation Access Networks Elad Nafshi to the ONF conference today to announce its big step on virtualization of the cable…