0
Broadband

Mediacom lifts revenues 3.3%, adjusted OIBDA 8% in strong Q2

Thursday 6 August 2020 | 23:28 CET | News
US cable operator Mediacom Communications reported higher results for the second quarter, with revenues advancing 3.3 percent from the year before to USD 525.8 million and the adjusted OIBDA going 8.0 percent higher to USD 218.1 million. The free cash flow jumped 35 percent to USD 135.2 million, with capex at 4.4 percent lower to USD 74.1 million.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Mediacom
Countries: United States
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Mediacom credit rating upgraded to BBB by S&P's

Published 24 Aug 2020 15:10 CET | United States
US cable operator Mediacom Communications has received an upgrade in its credit rating at Standard & Poor's, to BBB from BB+ ...

Mediacom launches initiatives to help customers recover from Covid-19 crisis

Published 24 Jun 2020 10:58 CET | United States
Mediacom Communications is extending through the July and August billing cycles a series of previously announced initiatives ...

Mediacom Communications advances revenues 4% in Q1

Published 06 May 2020 16:45 CET | United States
US cable operator Mediacom Communications reported higher results for the first quarter, despite a slight dip in primary service ...

Mediacom CEO says no plans for lay-offs

Published 06 Apr 2020 11:31 CET | United States
Rocco B. Commisso, the founder and CEO of Mediacom Communications, told employees in a letter that they will receive full pay and ...

Mediacom to carry Hopster's video content

Published 02 Apr 2020 11:47 CET | United States
Hopster announced a partnership with US cable operator Mediacom Communications. The service is available to Mediacom subscribers, ...

Mediacom closes USD 2.17 billion debt refinancing

Published 23 Mar 2020 15:34 CET | United States
US operator Mediacom Communications announced the closing of USD 2.17 billion in new financing. The new facilities will reduce ...

Mediacom Communications lifts revenues 3.5% in Q4

Published 21 Feb 2020 16:06 CET | United States
US cable operator Mediacom Communications said revenues for the fourth quarter advanced 3.5 percent from the year before to USD ...

Mediacom Communications surpasses 50,000 gigabit broadband customers

Published 15 Nov 2019 10:05 CET | United States
Mediacom Communications said it has more than 50,000 combined residential and business customers subscribing to its 1 Gbps ...

Mediacom Communications revenues up 4% in Q3

Published 31 Oct 2019 16:18 CET | United States
US cable operator Mediacom Communications saw its revenues grow 3.5 percent year-on-year in Q3 to USD 510.6 million. Mediacom ...

Mediacom loses 3,000 PSUs in Q2 as cord-cutting bites

Published 01 Aug 2019 15:45 CET | United States
US cable operator Mediacom reported second-quarter revenues up 4.2 percent from the year before to USD 508.9 million. Adjusted ...