Independent telco Consolidated Communications, based in Mattoon, Ill., reported as part of its full year 2008 earnings this week that its IPTV subscriber base grew about 36 percent to 16,666 by the end of 2008. The company said growth had slowed in the fourth quarter of the year, when the customer base increased by 1,200 households, or about 8 percent.
Services such as high-definition TV and DVR also helped boost the telco's average revenue per user for its IPTV customer base. The penetration rate for DVR service, launched less than a year ago, was 17 percent by the end of 2008.
Consolidated Communications last year acquired North Pittsburgh Telephone, and Consoliidated President and CEO Bob Currey said on teh earnings call that the company managed to launch IPTV service in its news Pennsylvania market within four months of closing the acquisition.
IPTV News has this post
Consolidated Communications was among speakers at TelcoTV 2008
Consolidated posted a $5 million profit in the third quarter of 2008