Time Warner Cable profit rises

Mon Nov 5, 2012 6:07am EST

Nov 5 (Reuters) - Time Warner Cable Inc, the second largest U.S. cable operator, posted a higher quarterly profit, helped by an increase in demand for high-speed data services and a jump in high-margin political advertising.

Net income attributable to the company rose to $808 million, or $2.60 per share, for the third quarter, from $356 million, or $1.08 per share, a year earlier.

Revenue rose 9 percent to $5.36 billion.

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