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Netflix, Facing Challenges, Sees Strong Subscriber Growth

2016-10-18 07:02:15| PC Magazine Software Product Guide

Even as it faces challenges in China and from Amazon, Netflix added 3.2 million subscribers.

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Europe compensates for Altice' US subscriber losses in 2Q 2016

2016-08-09 10:30:46| Digital TV News

Altice (Euronext: ATC NA and ATCB NA) has announced results for the quarter ended June 30, 2016. Having closed the Cablevision acquisition, Altice USA has become the 4th largest cable operator in the US market.

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Liberty Global subscriber growth improves in Q2

2016-08-05 08:30:00| Telecompaper Headlines

(Telecompaper) Liberty Global reported an improvement in customer growth in the second quarter, adding 277,000 revenue-generating units in the three months on an organic basis. That's twice as many as a year ago and also up on 156,000 in Q1. ARPU was down 0.4 percent year-on-year to USD 44.65, but grew 1.5 percent after excluding currency effects, thanks to growth in Germany and Belgium. The cable operator's revenue was up 11 percent year-on-year to USD 5.074 billion, driven by the acquisition of Base in Belgium, and operating cash flow rose 5.5 percent to USD 2.306 billion.

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T-Mobile US posts 12.8% rise in Q2 revenue, raises subscriber outlook

2016-07-27 02:00:00| Total Telecom industry news

Mobile operator adds 1.9 million customers, net profit dips on higher interest expense.

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Netflix subscriber growth slows in Q2

2016-07-19 08:24:00| Telecompaper Headlines

(Telecompaper) Netflix reported slower-than-expected customer growth in the second quarter, adding 1.68 million new streaming customers compared to its forecast of 2.50 million. Revenues were still up 28 percent year-on-year to USD 2.11 billion, just under its forecast of USD 2.14 billion. Its contribution profit, after costs, was up 28 percent to USD 416 million, giving a margin of 19.8 percent, and operating profit was better than expected, at USD 70 million. Net profit also came in higher than forecast, at USD 41 million, and Netflix aims for a net profit over the full year as well. The slower customer growth was in the US, where the company gained just 162,000 new streaming subscribers, for a total 47.1 million, and abroad, where Netflix gained 1.52 million customers versus a forecast of 2.00 million.

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