Free Newsletter Subscription
        MCN All Access

RCN Posts 1Q Loss

Revenue Jumps 13%; Overbuilder Says 38% of Subs Have Triple Play

By Steve Donohue -- Multichannel News, 5/10/2007 7:22:00 AM

Cable overbuilder RCN posted a net loss during the first quarter of $22 million, compared to net income of $61 million during the same period last year.

The good news: revenue jumped 13% to $153 million and EBITDA (earnings before interest, taxes, debt and amortization) rose 41% to $36 million.

The company said 38% of its customer base now subscribes to its triple-play package of video, voice and high-speed-data service.

RCN posted $66 million in video revenue during the first quarter, up from $60.5 million during the first quarter of 2006. Data revenue grew from $27.7 million to $32.2 million and voice revenue fell to $28.4 million from $31.2 million this time last year.

Talkback
Related Content

No related content found.

More >>>

Newbay Business Information Resource Center

Featured Company


Most Recent Resources

Advertisement
More Content
  • Voices
  • Photos
  • Podcasts

Sorry, no blogs are active for this topic.

Satellite Entourage

FREEZE FRAME

Parties, conferences and events for the week of Feb. 8.
DESIGN BY NIGHT

FREEZE FRAME

Parties, conferences and events for the week of Feb. 1.
KEYSTONE HUNT

FREEZE FRAME

Parties, conferences and events for the week of Dec. 14.



Advertisement
About Us   |   Advertising Info   |   Site Map   |   Contact Us   |   Subscription   |   Affiliate Links   |   RSS
© 2011 NewBay Media, LLC. 28 East 28th Street, 12th floor, New York, NY 10016 T (212) 378-0400 F (212) 378-0470
Use of this website is subject to its Terms of Use | Privacy Policy