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11/11/2008

OneTRAK - Insight revenue climbs 17%

Insight Communications posted the largest revenue increase of any cable MSO in Q3 '08, with a 17% climb to $220 million due to solid RGU growth.

The company added 9,300 basic subscribers, the best performance by any major MSO in the quarter, compared to a gain of 11,400 a year ago.

Digital subscribers increased to 14,400, versus 12,800 a year ago.

HSD additions came in at 20,500, versus 24,300 a year ago, while the company added 19,200 telephone subscribers, versus 25,100 a year ago.

Adjusted OIBDA rose 8% to $69.5 million. ARPU rose to $105.22 in the quarter.

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