Monday, June 17, 2019

WILL CORD-CUTTING HELP ISP’S?

July 28, 2011 by · 1 Comment 

It may very well turn out that cord cutting — the decision by some cable-TV customers to drop their subscriptions and access the Internet for their favorite programs instead — may turn out to benefit cable companies rather than harm them, as has been feared. At least that’s an inference that can be drawn from Time Warner Cable’s latest quarterly report, which indicated a 23-percent rise in earnings over the same quarter a year ago. The company attributed the rise primarily to strong sales of its broadband services — even as it lost 130,000 subscribers to its traditional video service. The company posted a profit of $420 million versus $342 million during the same quarter a year ago.