With Altice USA finally reporting a first-quarter loss of 35,000 video customers across its Optimum and Suddenlink footprints last week, Comcast officially became the only top U.S. pay-TV operator not to lose video customers during the three-month period ending March 31.
Of course, with one analyst already predicting worst-Q1-losses-ever attrition of 762,000 video customers, we already know pay-TV’s numbers are bad in Q1. But MoffettNathanson analyst Craig Moffett made his prediction midway through earnings season.
Might the attrition actually be worse by the time comprehensive tallies from companies like SNL Kagan and Leichtman Research get released later this month?
The chart featured below shows that the 10 biggest pay-TV operators which publicly report earnings lost 621,627 video users in the first quarter.
Not included in this tally are significant players like No. 3 cable operator Cox Communications, as well as the collective heft of small operators represented by the National Cable TV Cooperative.