Cable Growth Slows In Q2

摘要

The momentum of cable's bundling strategy reduced the typical seasonal-ity downturn of the second quarter but couldn't prevent a decline in basic subscriber counts among the top MSOs.rnThe industry lost 269K basic subs in Q2, which, coupled with an unexpectedly steep slowdown in broadband growth to 2% from 5% in Q1, sent cable shares down. SNL Kagan's MSO Average declined 11.3%% between 7/25 (the day before Comcast was the first major MSO to report quarterly results) and 8/30.