Time Warner Cable lost a net 184,000 household video
customers in the three months ended Sept. 30, far more than
the 136,000 that market research firm StreetAccount had
estimated.The company, which is being acquired by market leader Comcast Corp <CMCSA.O> for $45.3 billion, lost a net 152,000 customers in the April-June quarter.
Comcast reported higher quarterly revenue and income last week as more people signed up for high-speed internet and fewer customers dropped their cable subscriptions.
As of Sept. 30, Time Warner Cable had 10.8 million household video subscribers, down from 11.4 million a year earlier.
The company, which gets more than 80 percent of its total revenue from households, also reported lower-than-expected sign-ups for its residential voice and high-speed data services.
Net income attributable to common shareholders fell to $499 million, or $1.76 per share, in the quarter, from $532 million, or $1.84 per share, a year earlier.
