Cablevision lost 34,000 video subscribers in the fourth quarter, with its heavy competitive exposure to Verizon FiOS beginning to take a toll on the MSO's pay-TV customer base. But don't look for Cablevision to continue offering discounts and promotions to compete with FiOS, which now operates in more than 50 percent of its New York/New Jersey footprint.
Cablevision and Madison Square Garden Company CEO James Dolan have enlisted a team of bankers to explore the possibility of buying the New York Daily News, rival publication the New York Post reported Tuesday.
Cablevision's decision to launch its Freewheel Wi-Fi calling and data service was prompted by the MSO's desire for its customers to see a "tangible manifestation" of the company's extensive Wi-Fi network, which currently spans more than 1.1 million hotspots.
Just weeks after launching its low-cost Freewheel Wi-Fi calling and data service, Cablevision CEO James Dolan told investors during the company's fourth quarter earnings call that he believes Freewheel will disrupt the cellular industry and his company is going to put more emphasis on its Wi-Fi initiatives.
Cablevision reported slightly accelerated subscriber losses of 34,000 in the fourth quarter, ending the three month period with 2.68 million Optimum TV customers. Chief executive James Dolan said that going forward, Cablevision will prioritize the growth of its Wi-Fi initiatives, favoring them over video services.
Comcast is hinting that it might join rival Cablevision in offering some kind of Wi-Fi-based mobile service or product, but has not committed to any specific plans and is wary of cannibalizing its existing Wi-Fi business.
Approximately 260 Brooklyn-based Cablevision employees represented by the Communications Workers of America have voted to ratify a collective bargaining agreement with Cablevision, ending a nasty three-year labor battle.
Cablevision announced Friday that it has signed a collective bargaining agreement with 260 Brooklyn workers represented by the Communications Workers of America, ending a long, contentious battle with the unionized workers.
Ahead of what could possibly be contentious carriage negotiations with Comcast this summer, Discovery Networks on Wednesday announced a multi-year, multi-platform renewal with Cablevision.
Verizon may have maintained its No. 1 position On Netflix's ISP Speed Index for January, but it's was neck-in-neck with Cablevision.