Insight Communications adds 14k digital subscribers in 4Q09
Monday, March 8th, 2010NEW YORK — Insight Communications Company today announced financial and operating results for the full year ended December 31, 2009.
Total Revenue Generating Units (“RGUs”) of 2,041,800 at December 31, 2009, representing an increase of 160,500 or 9% from 2008 comprising:
- Basic customer net gain of 8,800. Total basic customers at year end were 716,400, a 1% growth in basic customers over 2008.
- HSI customer net gain of 43,000. Total HSI customers at year end were 501,500, a 38% penetration of HSI homes passed.
- Digital customer net gain of 69,900. Total digital customers at year end were 509,400, a 71% penetration of the company’s basic cable customers.
- Telephone customer net gain of 38,900. Total telephone customers at year end were 314,500, a 25% penetration of the company’s telephone universe.
Operating Statistics (in thousands)
FY FY Q3 2009 2008 2009 ------ ------ ------ Basic Cable Homes Passed 1329.9 1313.6 1325.5 Basic Cable Customers 716.4 707.6 718.2 Basic Cable Penetration 53.9% 53.9% 54.2% Digital Cable Digital Customers 509.4 439.5 495.7 Digital Penetration 71.1% 62.1% 69.0%
More: Earnings Release
Latest News
- 30% of EU SVOD viewing time goes to content from the EU plus UK
- Circle City renews with Nielsen for Local TV measurement
- Skyworth and China Mobile launch 8K set-top box
- Orange Spain, MASMOVIL joint venture begins operations
- Brightcove launches Cloud Playout 2.0
- MediaKind to unveil video, streaming and AI technologies at NAB