Knology increases Q3 revenue
Knology’s Q3 revenue increased nearly 12 percent from a year ago, to $103.2 million, and the company reported a net loss of $2.8 million, down from $4 million a year ago.
The company said it added 4,873 connections during the third quarter, including 3,166 residential connections and 1,707 business connections.
"Our third-quarter marketing promotions yielded increased sales productivity during the period and established a solid backlog of connections going into the fourth quarter,” said Knology Chairman and CEO Rodger L. Johnson.
"We believe our focus on the customer experience, our continued success selling to small- and medium-size businesses, and a highly bundled customer profile have helped us manage our churn and continue to grow the business during this soft economic environment,” Johnson added.
More Broadband Direct: