Time Warner Cable makes good start to Q4

BARCELONA Thu Nov 15, 2012 5:46am EST

BARCELONA Nov 15 (Reuters) - Time Warner Cable, the second-largest U.S. cable provider, has made a good start to the fourth quarter in terms of net subscriber additions, its finance director said.

"We are a few weeks into the quarter and we are a little bit ahead of where we were last year," Irene Esteves told a Morgan Stanley investor conference on Thursday.

"But I would caution that it is very early in the quarter and we are talking about very small numbers of net subscribers on a very large base."

Esteves also noted that in the fourth quarter last year, the group enjoyed a strong increase in net additions in December.

"So I would caution about extrapolating from a few weeks of data," she said of the firm, which is the second largest U.S. cable operator.

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

California state worker Albert Jagow (L) goes over his retirement options with Calpers Retirement Program Specialist JeanAnn Kirkpatrick at the Calpers regional office in Sacramento, California October 21, 2009. Calpers, the largest U.S. public pension fund, manages retirement benefits for more than 1.6 million people, with assets comparable in value to the entire GDP of Israel. The Calpers investment portfolio had a historic drop in value, going from a peak of $250 billion in the fall of 2007 to $167 billion in March 2009, a loss of about a third during that period. It is now around $200 billion. REUTERS/Max Whittaker   (UNITED STATES) - RTXPWOZ

How to get out of debt

Financial adviser Eric Brotman offers strategies for cutting debt from student loans and elder care -- and how to avoid money woes in the first place.  Video