Steve Mehs
01-30-03, 04:13 AM
Time Warner Cable, AOL Time Warner's cable TV unit, said it has video-on-demand, subscription video-on-demand or both services in 32 of its 34 divisions as of year-end 2002.
Time Warner Cable added 984,000 net digital video subscribers during the fourth quarter, taking its total to 3.7 million, the company said Wednesday. As for high-speed Internet customers, Time Warner Cable added 1 million net subscribers, for a total of 2.6 million.
At the end of the year, digital video subscribers represented 34 percent of the basic cable subscriber base, while high-speed data subscribers represented 15 percent of eligible homes passed, the company said.
For 2002, Time Warner Cable's EBITDA rose 12 percent on revenues that increased 15 percent. Full-year subscription revenues grew 14 percent, driven by growth in high-speed data services, digital cable and basic cable subscribers and higher basic cable rates. Advertising and Commerce revenues increased 20 percent, due to increased sales and a rise in advertising purchased by programming vendors to promote their channels.
From SkyReport (http://www.skyreport.com/skyreport/jan2003/013003.shtm#two) (Used with Permission)
Time Warner Cable added 984,000 net digital video subscribers during the fourth quarter, taking its total to 3.7 million, the company said Wednesday. As for high-speed Internet customers, Time Warner Cable added 1 million net subscribers, for a total of 2.6 million.
At the end of the year, digital video subscribers represented 34 percent of the basic cable subscriber base, while high-speed data subscribers represented 15 percent of eligible homes passed, the company said.
For 2002, Time Warner Cable's EBITDA rose 12 percent on revenues that increased 15 percent. Full-year subscription revenues grew 14 percent, driven by growth in high-speed data services, digital cable and basic cable subscribers and higher basic cable rates. Advertising and Commerce revenues increased 20 percent, due to increased sales and a rise in advertising purchased by programming vendors to promote their channels.
From SkyReport (http://www.skyreport.com/skyreport/jan2003/013003.shtm#two) (Used with Permission)