Latest in 2012

Image credit:

Time Warner Cable lost 169,000 subscribers, spares DirecTV's blushes

Share
Tweet
Share
Save

Sponsored Links

TWC pushed out its second quarter results, showing it's following the trend of shedding customers without hurting the bottom line. It took in $5.4 billion in revenue for the three month period -- with more cash coming from selling higher tiers of service to existing users -- leaving it with a net profit of $452 million. The company reported that it lost 169,000 residential video subscribers but gained 104,000 back across its high-speed data and voice businesses, which it described as "organic decline," but looks more like cord-cutting to us.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Share
Tweet
Share
Save

Popular on Engadget

Former NASA engineer thwarts porch pirates again with 'Glitter Bomb 2.0'

Former NASA engineer thwarts porch pirates again with 'Glitter Bomb 2.0'

View
Google pauses Chrome update for Android after reports of app data loss

Google pauses Chrome update for Android after reports of app data loss

View
Google Maps helps you find EV chargers that work with your car

Google Maps helps you find EV chargers that work with your car

View
RCS messaging is now available to all Android users in the US

RCS messaging is now available to all Android users in the US

View
PewDiePie is 'taking a break' from YouTube in 2020

PewDiePie is 'taking a break' from YouTube in 2020

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr