Time Warner Cable Inc. (TWC) operates as a cable operator in the United States. The Company operates in five geographic areas: New York state (including New York City), the Carolinas, Ohio, southern California (including Los Angeles) and Texas. TWC offers residential and commercial video, high-speed data and voice services over its broadband cable systems. As of December 31, 2008, TWC served approximately 14.6 million customers who subscribed to one or more of its video, high-speed data and voice services, representing approximately 34.2 million revenue generating units (RGUs), which reflects the total of all TWC basic video, digital video, high-speed data and voice service subscribers. As of December 31, 2008, the Company served approximately 13.1 million basic video subscribers. TWC markets its services separately and as bundled packages of multiple services and features. In addition, TWC sells advertising to a variety of national, regional and local customers.
Quick Financial Synopsis
BRIEF: For the nine months ended 30 September 2009, Time Warner Cable Inc.'s revenues increased 4% to $13.34B. Net income decreased 9% to $748M. Revenues reflect an increase in income from Video, High-speed data and voice. Net income was offset by an increase in costs of revenues due to an increase in video programming, employee & voice cost, higher restructuring expenses and an increase in interest expenses.
Company Address
Time Warner Cable Inc.
60 Columbus Circle New York NY 10023
P: +1212.3648200