Fergie's Tech Blog

Cable Helps Time Warner Endure AOL

Richard Siklos writes in The New York Times:

Cable television delivered a strong first quarter for Time Warner, more than offsetting worsening results at its AOL unit, the company said yesterday.

Time Warner executives were optimistic about increasing growth in the cable business, citing the introduction of residential telephone and other digital services. The prognosis came despite a recent market perception that growing competition from satellite providers, nascent Internet-based downloading services and, particularly, telephone companies could pose new competitive threats.

posted by Fergie @ 5/03/2006 10:02:00 PM