Time Warner Cable digital subscribers stable at 8.8 million
Thursday, November 5th, 2009NEW YORK, NY — Time Warner Cable Inc. (NYSE: TWC) today reported financial results for its third quarter ended September 30, 2009.
Subscriber Metrics
Video is TWC’s largest service in terms of revenues generated and, as of September 30, 2009, TWC had approximately 13.0 million video subscribers, of which approximately 8.8 million received video service via digital transmissions.
Primary Service Units (“PSUs”), which represent the total of all video, high”speed data and voice subscribers, increased by 109,000 to 26.3 million. Double and Triple Play Subscribers increased by 39,000 and 49,000, respectively, and bundled subscribers totaled 8.3 million, or 56% of total customer relationships as of September 30, 2009.
Subscribers (in thousands):
2007 2008 2009 ------ -------------------------------------- ---------------------- FY 1Q 2Q 3Q 4Q FY 1Q 2Q 3Q ------ ------ ------ ------ ------ ------ ------ ------ ------ Video 13,251 13,306 13,297 13,266 13,069 13,069 13,105 13,048 12,964 Digital video 8,022 8,283 8,483 8,607 8,627 8,627 8,748 8,802 8,810 Digital video recorder 3,385 3,627 3,787 3,937 4,017 4,017 4,147 4,236 4,293 High-definition capable 3,000 3,418 3,769 4,122 4,426 4,426 4,812 5,070 5,295
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