Economy, Competition Blunt Cable Growth In Q3

摘要

The cable industry turned in mixed results for Q3 that revealed continued growth in advanced services, but a decline in its basic subscriber count attributed to a softening economy and intensifying competition may indicate the lead time enjoyed with the triple-play strategy is closing. The loss of 225K basic subs and lower growth rates in digital video and data, coming on the heels of a similar performance in Q2 that was considered a disappointment, sent cable shares sliding again.