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Market Commentary and Intraday News

A look at cable, satellite TV earnings reports

330 days ago

By The Associated Press

Cable and satellite TV companies have begun releasing their earnings reports for the latest quarter. Here is a summary of earnings reports for selected companies and what they reveal about the industry's prospects:

_ July 19: Verizon Communications Inc. says it added 120,000 FiOS video customers to end with 4.5 million in June.

Dish Network Corp. says it lost a net 10,000 subscribers, which was smaller than analysts predicted in a typically week quarter for pay TV operators. It ended the quarter with 14.06 million subscribers in the U.S.

_ Tuesday: AT&T Inc. says it added 155,000 U-verse TV subscribers to end with 4.1 million.

Coming up:

_ Aug. 1: Comcast Corp.

_ Aug. 2: Time Warner Cable Inc., DirecTV Group Inc.

_ Aug. 7: Charter Communications Inc., Cablevision Systems Corp.


Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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