America Online (AOL) lost 846,000 narrowband subscribers in Q2, ending the quarter with 25.3 million members in the U.S., down 1.2% from the same date last year. Approximately 45% of the sequential decline represents the removal of non-paying subscribers or those who violated the terms of service. Also as of June, the AOL service had 6.2 million members in Europe, a decline of 52,000 from three months earlier.
- Time Warner Cable added 136,000 net digital video subscribers to reach a total of 4.1 million, or 36% of basic cable subscribers.
Time Warner Cable added 170,000 net high-speed data (cable modem) subscribers for a total of 2.9 million, representing 16% of eligible homes passed.
The figures were published in the company's quarterly financial report released today.
http://www.aoltimewarner.com
- The SEC is continuing its investigation of the company's America Online unit.
