In The News
TIME WARNER CABLE REPORTS 2009 FIRST-QUARTER RESULTS
Release Date:04/29/2009
(BUSINESS WIRE)--Time Warner Cable Inc. (NYSE: TWC) today reported financial results for its first quarter ended March 31, 2009.
Time Warner Cable Chief Executive Officer Glenn Britt said: “Time Warner Cable performed well in the first quarter, growing revenues, adjusted OIBDA and free cash flow from last year. We added very healthy numbers of new subscribers to our video, high-speed data and phone services, and our commercial services business continued to grow rapidly.”
Britt added: “We’re excited to be an independent company. Cable is a very good business, and our operations are strong and growing despite a challenging economy. We continue to generate very healthy free cash flow which will enable us to reduce debt over the next year.”