Cable TV, of course, did not predate Benjamin Franklin. But had technology evolved faster, the American statesman and scientist could have said only three things are for certain: death, taxes and rising monthly cable TV bills. That’s right, cable TV bills are going up again, says a Bloomberg report, which surveyed Comcast (CMCSA), Time Warner Cable (TWC) and Cablevision Systems (CVC), as well as satellite TV broadcaster Dish Network (DISH) and
Are cable TV companies dark horses that will steal the show at a government auction in March of airwaves controlled by TV broadcasters? Neither Comcast (CMCSA) nor Charter Communications (CHTR) ruled out bidding in the “Broadcast Incentive Auction” on Q3 earnings calls. Charter stands to become the second biggest cable TV firm, behind Comcast, if regulators approve its proposed acquisitions of Time Warner Cable (TWC) and Bright House Networks. Why
Cable-TV stocks rose as Charter Communications (CHTR) and Time Warner Cable (TWC) early Thursday reported higher broadband customer additions and narrowed video subscriber losses, as did Comcast (CMCSA) on Tuesday. “With about 70% of the industry having reported Q3 results, video losses have so far shown great improvement,” said Vijay Jayant, analyst at Evercore ISI. “Cable, with a superior broadband product, continued to be very strong in the