The month-long blackout of CBS programming put a damper on Time Warner Cable’s third quarter results, which included the loss of 306,000 residential TV subscribers in the quarter. While the amount of video subscribers lost in the third quarter exceeded analysts’ expectations of 183,000, Time Warner Cable also bled 24,000 data subscribers and 128,000 voice customers on the residential side.
After 41 years in the cable industry, Time Warner Cable CEO and Chairman Glenn Britt took part in his last quarterly earnings conference call this morning. Britt spent about the first 20 minutes of the call with analysts speaking about the state of the cable industry in general while providing his own views and experiences.
CEO Michel Combes, whose predecessor struggled to turn the company around and who recently warned the company could "disappear" if it's not overhauled, said it is continuing asset sales to focus on developing new broadband. He said the company's new all-IP strategy is showing signs of paying off.
In this issue: SeaChange + Deluxe Digital | Comcast + Ciena | SeaWell Networks | Appear TV | In Demand + Clearleap | SeaChange | Harmonic Inc. | Procera Networks | Elemental | Aurora Networks
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In this issue: Imagine | Elemental Technologies | Aurora Networks | Envivio | RGB Networks | Electroline | Effigis | Concurrent | Volicon | CommScope | Triveni Digital | RFMD | InnoTrans | Evolution | Tektronix | Active Broadband | Netcracker | ATX | Witbe | Arris
Intel was known to be interested in developing a web-based television service, but the move put the company in an awkward position. One division sells semiconductors used in to make cable modems and set-tops for the cable industry, while another division, Intel Media, was trying to become a direct competitor to MSOs.
The Washington Post is reporting that the National Security Agency has secretly broken into the main communications links that connect Yahoo and Google data centers around the world. The Post cites documents obtained from former NSA contractor Edward Snowden and interviews with officials.
Wheeler, appointed by President Obama in May, comes to the Commission from his work with venture capital firm Core Capital. Wheeler was also president of the National Cable Television Association (NCTA) from 1979 to 1984 and was CEO of CTIA until 2004, when Steve Largent took over the post.
The company reported that the accelerated rollout of the X1 interface has led to a significant increase in VOD viewing, and a meaningful reduction in churn. The company was mum on Netflix, but CEO Brian Roberts said the first fruits of its deal with Twitter should arrive sometime within the next few weeks.
Ciena took the top honors in various categories in a recent survey of packet-optical equipment vendors. Infonetics Research’s “Optical equipment vendor leadership: global service provider survey” looked at service providers’ perceptions of optical equipment suppliers and the criteria used for choosing vendors.
Time Warner Cable Chairman and CEO Glenn Britt is undergoing treatment for a recurrence of cancer. Britt acknowledged in a company-wide memo yesterday that a few weeks ago he had been diagnosed with cancer after having issues with his voice since this summer.
This morning Atlantic Broadband laid claim to being the first cable operator to offer TiVo’s Roamio DVR platform. The six-tuner Roamio boxes launched today in Cumberland, M.D. with additional deployments slated this year in Miami and Aiken S.C.
Comcast said Tuesday that it is updating its mobile viewing app, Xfinity TV Go, to allow subscribers to watch popular channels such as CNN, Fox News, Disney Channel, CNBC, ESPN and FX on the go. Subscribers will be able to watch 35 live TV channels on their Apple and Android devices outside their homes, as long as they have a Wi-Fi connection.
The Senate approved President Barack Obama's picks for top posts at the Federal Communications Commission and National Labor Relations Board on Tuesday, By unanimous consent, senators approved campaign fundraiser and former lobbyist Thomas Wheeler as chairman of the FCC after Sen. Ted Cruz, R-Texas, ended a procedural blockade of the nomination.