Here’s the latest on Frontier from DSL Reports…
On the heels of an earnings report indicating the company lost 99,000 broadband customers last quarter, Frontier is now preparing to lay off a notable number of employees. In an e-mail sent to employees today obtained by DSLReports.com, Frontier CEO Dan McCarthy says the company in December will begin an organizational restructuring that “positions Frontier to provide exceptional products and service to residential and commercial customers across our newly-expanded 29-state footprint.”
The latest on Charter from DSL Reports…
Charter Communications’ latest earnings report indicates that the company continues to lose video subscribers, despite spending $79 billion to acquire Time Warner Cable and Bright House Networks earlier this year. According to the company’s third quarter earnings report, Charter lost 47,000 video subscribers during the quarter, compared to a loss of 20,000 subscriber during the same quarter last year.
That said, the company continues to see very healthy broadband growth, adding 350,000 broadband users on the quarter. The company also added 33,000 voice customers on the quarter.
While Comcast clearly wants to counter video revenue losses by expanding usage caps, Charter is prohibited from imposing caps for a period of seven years as per conditions attached to its acquisition of Time Warner and Bright House.
And the latest on Comcast from Ars Technica…
Comcast’s gigabit cable service is now for sale in four US markets, with 11 more to be connected by early 2017.
Minnesota is not one of the new markets listed; Twin Cities customers already have access to their Gigabit Pro…
Comcast’s other ultra-fast service is called Gigabit Pro and offers 2Gbps downloads and uploads over a fiber-to-the-home network. Comcast is not planning to install fiber throughout its entire territory, but it is already selling Gigabit Pro in parts of about 25 markets.