Cable and satellite TV companies have begun releasing their earnings reports for the latest quarter. Here is a summary of earnings reports for selected companies and what they reveal about the industry's prospects:
? July 19: Verizon Communications Inc. says it added 120,000 FiOS video customers to end with 4.5 million in June.
Dish Network Corp. says it lost a net 10,000 subscribers, which was smaller than analysts predicted in a typically week quarter for pay TV operators. It ended the quarter with 14.06 million subscribers in the U.S.
? July 24: AT&T Inc. says it added 155,000 U-verse TV subscribers to end with 4.1 million.
Coming up:
? Wednesday: Comcast Corp.
? Thursday: Time Warner Cable Inc., DirecTV Group Inc.
? Aug. 7: Charter Communications Inc., Cablevision Systems Corp.
? Aug. 8: Dish Network Corp.
Source: http://news.yahoo.com/look-cable-satellite-tv-earnings-reports-230540043.html
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