Suddenlink shows slowing video sub churn for Q1
DetailsMichelle Clancy | 04 May 2015
US cable MSO Suddenlink lost only 6,400 subs in the first quarter of 2015, compared with a loss of 35,000 a year earlier.
The slowing churn rate comes during its first three-month period after dropping Viacom channels.
"Our results verify the success of our video strategy," said Suddenlink CEO Jerry Kent in a conference call with investors. "We've clearly regained our momentum. I'm really proud of the way our management team and frontline personnel reacted to our decision to challenge the video services model."
For the quarter, Suddenlink's revenue increased 2.2% to $588.3 million, with average monthly revenue per video subscriber (ARPU) increasing 6.7% year-over-year, to $172.73.
The MSO has just over 1.132 million video subscribers, down about 55,000 in one year