blog Market Intelligence /marketintelligence/en/news-insights/blog/cable-business-services-weather-q2-storm-growing-revenues-limiting-sub-losses content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Cable Business Services Weather Q2 Storm, Growing Revenues, Limiting Sub Losses

COVID-19 Lockdown Boosted Growth Of Digital Platforms

Asia-Pacific markets improve broadband speeds despite COVID-19 impact

Simplifying The Assessment of Company Fundamental Data

China COVID-19 Trends In TV, Video

Cable Business Services Weather Q2 Storm, Growing Revenues, Limiting Sub Losses

The closure of business offices, bars, and restaurants resulted in the loss of 27,000 customer relationships at leading cable operators' commercial segments during the second quarter. Revenues, meanwhile, grew 1.8% annually to $4.11 billion. The segment's contribution to these operators' subscription receipts remained steady at 14.1% during the latest quarter.

Overall, commercial revenues for the group were up a relatively solid 3.7% year over year in the first six months of 2020, with industry leader Comcast even growing the segment by nearly 6% in the interval, despite the strong COVID-19 pandemic headwinds. For the quarter ended June 30, Comcast recorded the largest absolute subscriber hit, reporting a net loss of 24,000 customer relationships during the period, but overall commercial subscribers were up 1.2% in the 12 months ended June 30. Charter reported a net gain of 4,000 small and midsize business customer relationships during the quarter and Enterprise PSUs up by 1,000.

Click here for data in Excel format.

Learn more about Market Intelligence
Request Demo