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MARKETS LIVE BLOG:

STOCKS TRADE HIGHER; DISNEY SINKS AFTER EARNINGS

Disney's surprise streaming entertainment profit offset by weaker TV business

Why Frontier Communications Is Losing Video Customers

Andrew Smith
Updated
Why Frontier Communications Is Losing Video Customers

In this part, we’ll look at how Frontier Communications (FTR) did in the video space in the second quarter. Frontier’s video customer count, including DISH subscribers, fell ~3.4% sequentially to ~1.1 million at the end of the second quarter. The wireline player lost 40,000 video customers in the quarter, including 8,000 DISH subscribers, mainly due to rapid growth in OTT (over-the-top) video viewing. In comparison, Charter Communications (CHTR) and Comcast (CMCSA) lost 73,000 and 136,000 residential video subscribers in the second quarter, respectively.

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