Sunday, August 8, 2004

Cablevision Reaches 115,050 Cable VoIP Customers

Cablevision Systems reported Q2 net revenue of $1.2 billion, up 25% compared to the prior year period, based on continued strong growth at both Telecommunications Services and Rainbow Media's Core Networks. Consolidated operating income totaled $159.1 million compared to operating income of $26.2 million in the prior year period.



Some operating statistics for Q2:

  • 5,421,560 Revenue Generating Units, up 211,580 or 4% from March 2004 and up 924,530 or 21% from the prior year period


  • iO: Interactive Optimum digital video customers up 109,990 from March 2004 to 1,165,710


  • Optimum Online HSD customers up 50,110 from March 2004 to 1,179,040


  • Optimum Voice customers up 44,235 from March 2004 to 115,050


  • Basic video subscribers increased 7,490 from March 2004


  • Total cable television revenue per basic video customer up 18% to $82.60 from $70.23 in the prior year period


  • VOD/SVOD revenue of $5.10 per digital subscriber per month, up 30% from the prior year period's $3.91


  • a 24% increase in advertising revenue from the prior year period.
http://www.cablevision.com