Time Warner Cable profit rises 30 percent

[centsgirl]

Time Warner Cable first quarter profit rose by 30 percent as it added more Internet, phone and digital cable TV customers.

The nation's second largest cable company earned $214 million, or 60 cents for each share, in the quarter. That compares with a profit of $164 million, or 48 each share, in the same quarter a year earlier..

Their revenue rose more than 5 percent to $4.6 billion from $4.36 billion.

The cable company's earnings fell below the 74 cents each share expected by analysts surveyed by Thomson Reuters. But revenue exceeded their average forecast of $4.56 billion.

[Rae74]

I tell you I sure save money on my monthly bills now that I packaged it all together using Time warner Cable.The internet is fast and dependable,the phone works great and well,the cable is a welcomed item in the house should i say.

I used to pay almost double for the same bills each month before I merged them together like this.I now can go and get my hair done regularly now with the money that I am saving.

[moneysense]

Bundling computer, phone, and cable together can be a great money saver, but I live in a rather rural area and until a few months ago, all I was able to get was dialup for my computer.

Now our cable company has a computer hookup which I obtained but the two combined are kinda costly in my opinion.

We have Comcast in our area but it comes to within a mile of our house in each direction and I dont think that it will ever be an option here. So bundling everything together doesnt seem like it will ever be an option for us as even our phone company doesnt have internet service for where I live.