Market Commentary and Intraday News
Subscriber data from Internet service providers
329 days ago
By The Associated Press
Companies that provide Internet access services have begun releasing their earnings reports for the latest quarter. There are subscriber figures and other data from selected Internet service providers:
_ July 19: Verizon Communications Inc. gained just 2,000 broadband customers in the latest quarter _ the worst result in four years. Verizon says the weak showing was in part due to Verizon ending the sale of DSL connections to people who don't have a landline phone account. The effort is part of an attempt to improve profitability. Verizon has upgraded part of its phone network with optical fiber, a service it sells as FiOS. It has raised prices, also to improve profitability, resulting in fewer new FiOS subscribers _ 134,000 during the quarter, to end with 5.1 million.
_ Tuesday: AT&T Inc. says it gained 553,000 U-verse Internet customers to end the quarter with 6.5 million. That helped offset losses in customers who get DSL, a slower and older technology.
_ Wednesday: AOL Inc.
_ July 31: Frontier Communications Corp.
_ Aug. 1: Comcast Corp.
_ Aug. 2: Time Warner Cable Inc.
_ Aug. 7: Charter Communications Inc., Cablevision Systems Corp.
_ Aug. 8: CenturyLink Inc.
_ Aug. 9: Windstream Corp.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.