To some people, cutting the cord is a no brainer. With the economic slump, many have made due with Netflix, Hulu, among a bevy of other services.
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Charter Communications, which added 115,000 high-speed Internet subs in Q4, sees the broadband business as a major opportunity that it so far has under penetrated.
Charter Communications added subscribers in Q4 and for the full year in 2015, the first time it’s managed to do that in a decade, but it came at a cost; the company reported a loss of $1.09 EPS in Q4, compared to a loss of 44 cents in Q4 2014, missing Wall Street’s expected 18-cent loss by 91 cents and earning a wrist slap from investors in pre-market trading.
Comcast beat Wall Street estimates on revenues for Q4 2015, with sales of $19.08 billion for the quarter, off $320 million; EPS was 81 cents, missing by 1 cent.
For the quarter Comcast added 89,000 video customers, editing the year down 36,000 customers, its best video subscriber numbers in eight years and a result that CEO Brian Roberts, during the company’s earnings call, described as “heroic.”
There’s no way to confuse CenturyLink with Comcast; one has some 269,000 pay-TV subscribers, the other 22.3 million. But the Monroe, La.-based telco believes it can create an alternative market in the Twin Cities and nearly two-dozen surrounding cities with its Prism IPTV service.
The company says it’s deploying a multi-tier offering that starts at $35 monthly for its 140-channel Prism Essential product, to $80 monthly for its 320-channel Prism Premium package.