Time Warner Cable Earnings: Subscriber Losses Grow

wochit business
October 31, 2013 AT 2:57 PM
Time Warner Cable lost far more TV customers than expected in the third quarter, and for the first time lost Internet subscribers, largely due to its month-long dispute with CBS Corp. during the quarter. The subscriber losses, also due to continued competition from phone companies, are likely to increase investor pressure on Time Warner Cable to be more open to merger overtures from Charter Communications and its 27 percent shareholder, Liberty Media