{"id":13342,"date":"2013-10-28T01:59:16","date_gmt":"2013-10-28T05:59:16","guid":{"rendered":"https:\/\/bejone03.expressions.syr.edu\/trf235\/?p=13342"},"modified":"2013-11-20T14:11:51","modified_gmt":"2013-11-20T19:11:51","slug":"time-warner-cable","status":"publish","type":"post","link":"https:\/\/bejone03.expressions.syr.edu\/trf235\/2013\/10\/28\/time-warner-cable\/","title":{"rendered":"Time Warner Cable"},"content":{"rendered":"
By Tim Wright<\/pre>\n
\"-Image<\/a>
-Time Warner Cable Logo. \u00a0Image Courtesy “Lazy Tech Guys” [17]<\/a><\/p><\/div>\n
Time Warner Cable, Inc.<\/span><\/h2>\n
1 Time Warner Center<\/span>
\nNew York, NY 10019-8016<\/span>
\n212-484-8000<\/span><\/p>\n
About the Company<\/strong>
\n<\/a><\/p>\n
Time Warner Cable, Inc. is a media company providing cable, phone, and Internet services to 29 states and over 15 million customers.\u00a0 These services are provided in different packages with arrangements of the cable, phone, and Internet services in different price tiers.\u00a0 Time Warner Cable, Inc. provides\u00a0its services to both homes and institutions [1]<\/a>.<\/p>\n
Cable<\/span>
\nTime Warner Cable, Inc. distributes a number of television plans and packages, spanning from basic with 20 channels to digital with over 200 channels.\u00a0 Certain packages offer Digital Video Recording services and pay subscription services such as HBO.\u00a0 Pricing varies for the packages depending on the number of channels and services [2]<\/a>.<\/p>\n
Internet<\/span>
\nTime Warner Cable, Inc. offers Internet services that span from 2Mbps to 50Mbps, allowing a range of basic Internet usage to plans that can accommodate large homes with multiple Internet-ready devices [3]<\/a>.<\/p>\n
Phone<\/span>
\nTime Warner Cable, Inc. offers a number of voice packages.\u00a0 An unlimited domestic plan is offered for a monthly rate, as well as basic and premium international plans [4]<\/a>.<\/p>\n
Key Executives\u00a0<\/strong>[5]<\/a><\/p>\n
\"Image<\/a>
-Glenn A. Britt
Courtesy of Time Warner Cable [18]<\/a>.<\/p><\/div>Glenn A. Britt
\nChairman & CEO<\/p>\n
\"1374779036992\"<\/a>
-Robert D. Marcus
Courtesty of Time Warner Cable [19]<\/a>.<\/p><\/div>Robert D. Marcus
\nPresident & COO<\/p>\n
\"1370961847282\"<\/a>
Arthur T. Minson, Jr.
Courtesy of Time Warner Cable\u00a0[20]<\/a>.<\/p><\/div>Arthur T. Minson, Jr.
\nExecutive VP & CFO<\/p>\n
Competitors<\/strong>
\n<\/a><\/p>\n
Time Warner Cable, Inc.\u2019s primary competitors in the cable industry are AT&T, Inc<\/a>., Comcast Corporation<\/a>, and Dish Network Corporation<\/a>. \u00a0Competition became a serious issue for Time Warner Cable after it lost over 300,000 subscribers during the month long CBS blackout [6]<\/a>.<\/p>\n
Ownership History<\/strong><\/p>\n
The 1968 founding of the American Television and Communications (ATC) set the foregrounds for Time Warner Cable, Inc.\u00a0 In 1989, Time Inc. and Warner Cable merged to become Time Warner, Inc.\u00a0 In 1992, a merger between ATC and Warner Cable was announced, creating Time Warner Cable.\u00a0 In 2009, Time Warner Cable and Time Warner, Inc. separated.\u00a0 NewWave Communications and Insight Communications were acquired by Time Warner Cable, Inc. in 2011 and 2012, respectively [7]<\/a>.<\/p>\n
Financials<\/strong><\/p>\n
2013 has been a successful year for Time Warner Cable. \u00a0Stock prices fell in February and March, going as low as $84.75 but have remained steadily above $100.00 since the end of July. \u00a0A noticeable valley in stock prices occurred between August and September, when Time Warner Cable had its conflict with CBS, prompting a large loss in subscribers. \u00a0Stock prices saw an increase in early October and have remained consistent throughout November, showing a rebound from the discrepancy\u00a0[8]<\/a>.<\/p>\n
Quarterly data has ranged from $5.5 Billion to $5.6 Billion in 2013, and current stocks suggest this trend will continue in the fourth quarter. \u00a0This forecast means a total revenue of roughly $22 Billion in 2013, showing on par results with the 2012 revenue of $21.3 Billion and surpassing the 2011 revenue of $19.7 Billion, marking a successful year for Time Warner Cable\u00a0[9]<\/a>. \u00a0However, due to the CBS conflict, Time Warner Cable is now expecting only a 3-3.5% increase in revenue for 2013 as opposed to the initially projected 4-5%\u00a0[10]<\/a>.<\/p>\n
In The News<\/strong><\/p>\n