Monday, December 05, 2005

Time Warner Cable Digital Phone Service Grows

Via Reuters.

Time Warner Cable on Monday said its digital phone service has more than 1 million customers, a month ahead of when the Time Warner Inc. unit told Wall Street it would hit that milestone.

The company told Wall Street it would have 1 million customers by the end of the year. It had 854,000 phone subscribers as of September 30, implying 146,000 net additions for October and November. Time Warner Cable added 240,000 phone subscribers in the third quarter.

The company also said three-fourths of new customers also sign up for digital cable and high-speed data service, what it called a "triple-play package."

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