Post by Skaggs on Feb 4, 2009 8:44:23 GMT -5
From the TWC website:
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In 2008, Time Warner Cable continued to grow as many other industries contracted, and we generated impressive levels of free cash flow.
FULL-YEAR RESULTS
Revenues rose 8% ($1.2 billion) over full-year 2007 to $17.2 billion. Subscription revenues were up 8% ($1.2 billion) to $16.3 billion. Video revenues grew 4% ($359 million) to $10.5 billion, benefiting from the continued growth in digital video subscriptions and video price increases. High-speed data revenues rose 12% ($429 million) to $4.2 billion, driven by continued high-speed data subscriber growth. Voice revenues climbed 36% ($426 million) to $1.6 billion. Advertising revenues increased 4% ($31 million) to $898 million due mainly to an increase in political advertising revenues, offset partially by declines in other categories.
Revenues rose 8% ($1.2 billion) over full-year 2007 to $17.2 billion. Subscription revenues were up 8% ($1.2 billion) to $16.3 billion. Video revenues grew 4% ($359 million) to $10.5 billion, benefiting from the continued growth in digital video subscriptions and video price increases. High-speed data revenues rose 12% ($429 million) to $4.2 billion, driven by continued high-speed data subscriber growth. Voice revenues climbed 36% ($426 million) to $1.6 billion. Advertising revenues increased 4% ($31 million) to $898 million due mainly to an increase in political advertising revenues, offset partially by declines in other categories.