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Insight grows in 2008

Mon, 03/02/2009 - 7:55am
Brian Santo

In 2008, Insight Communications increased its number of basic subscribers by 5 percent over 2007, and its number of revenue-generating units (RGUs) by 16 percent, which helped to drive 2008 revenue up 16 percent over 2007 revenue, to $869 million.

The company tallied 759,700 customer relationships at the end of 2008, an increase over the year of 38,000. Total basic customers at year-end were 707,600. Total RGUs reached 1.88 million.

The company had a net gain of 72,500 broadband customers for a year-end total of 458,500, a net gain of 58,900 digital customers for a total of 439,500, and a net gain of 89,400 telephony customers for a total of 275,600.

Insight Communications is the ninth-largest cable operator in the United States, with operations in Kentucky, Indiana and Ohio.

More Broadband Direct 03/02/09:
•  Dzuban is cobbling together a plan for SCTE's future
•  Insight grows in 2008
•  ACA hires Hearn to expand policy presence in D.C.
•  Dish Network posts profit, but subscribers drop
•  Arris product intros aim at converged future
•  Verivue debut piggybacks on Arris
•  TiVo, SeaChange join forces to integrate VOD on TiVo boxes
•  Clearleap unveils new content management, ad platform
•  Nortel losses widen on write-downs, falling revenue
•  Exfo intros test platform, OSA for optical networks
•  Verizon CEO Seidenberg's 2008 pay at $20.2M
•  Broadband Briefs for 03/02/09

 

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