This has forced the cable operator to make dramatic improvements, particularly in its broadband product, to stay competitive. Verizon has been a formidable challenger. One of the problems Verizon FiOS’ fiber to the home network brings Cablevision as its largest competitor is fiber technology is superior to Cablevision’s cable network infrastructure. Richard Greenfield, an analyst at research firm BTIG, has been frustrated getting answers from the Dolan family that has controlled Cablevision for decades, tweeting Cablevision executives stopped taking his questions on regular conference calls after he began asking some of those hard questions.Ĭablevision’s Upgrades Will Continue Company Wants an Improved Subscriber Experience The phone company has offered triple play packages as low as $89 a month with $300 debit card rebates, which makes hiking rates untenable.Ĭablevision CEO James Dolan has been ducking hard questions from Wall Street analysts concerned about the company’s spending and marketing, the loss of subscribers, and fallout from a 2011 management shakeup. But company officials admitted they also lost high-speed Internet customers because of a recent price increase and ongoing heavy promotional activity from their biggest competitor - Verizon FiOS. At least 11,000 of those customers stopped paying their bills and disappeared, presumably because their homes and businesses were victims of Hurricane Sandy. Senior management at the cable operator that serves parts of New York, New Jersey and Connecticut announced some difficult financial results, including the fact the company lost at least 39,000 customers during the last quarter - a significant number considering Cablevision only serves 3.6 million customers as of the end of December.
Phillip DampierĬablevision’s quarterly results conference call last week was an exercise in obfuscation. Fios available in select areas.Cablevision’s executive suites are filled with intrigue and family politics. Subject to credit approval and may require a deposit. You can choose your top five from these channels:
You get your local ABC, CBS, FOX, NBC, The CW, Telemundo, and Univision automatically, and then Verizon Fios creates a customized lineup based on your top five favorite cable channels. Verizon will use your selection to build a personalized channel lineup. Verizon Fios TV offers a $70-a-month* package called Your TV, which allows you to select your top five favorite channels.
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