IPTV in the fourth quarter of 2011

iptvHow did the IPTV industry perform in the fourth quarter of 2011? Check here throughout the fourth-quarter earnings report season for full earnings reports from the key players in IP television, IPTV deployments, Triple Play, Quadruple play, Set-top box, IP multimedia subsystems (IMS) and IP video.

Don't forget to also check out wireline in the fourth quarter, as well as the first quarter 2011 wireline, second quarter 2011, and third quarter 2011 wrap-up pages and cable in the third quarter and second quarter 2011 IPTV wrap-up pages.

January 24

Verizon FiOS (NYSE: VZ)
Verizon added 194,000 FiOS video subscribers in the fourth quarter, en route to a record $28.4 billion in revenue for the quarter, an increase of 7.7 percent from a year ago, and just eclipsing analyst's estimates of $28.39 billion.
- see this article
- see this release

January 26
AT&T U-verse (NYSE: T)
AT&T added 208,000 U-verse customers in the fourth quarter, bringing its total subscriber base to 3.8 million. It reported a loss of $6.68 billion, or $1.12 a share, compared with a profit of $1.09 billion. The telco reported $32.5 billion in revenues for the quarter, up 3.6 percent from a year ago.
- see this article
- see this release

February 9
Cincinnati Bell (NYSE: CBB)
Cincinnati Bell saw revenue increase to $365 million from $363 million a year ago, with full-year revenue coming in at $1.5 billion, exceeding expectations of $1.4 billion. Diluted earnings per share excluding special items were also flat to 2010 at 3 cents. It increased subscribers to its IPTV product to 40,000, Its data center, and its data center business saw a 21 percent increase from a year ago.
- see this article and FierceTelecom's take
- see this release
- more Cincinnati Bell news

Feb. 15

Comcast (Nasdaq: CMCSA)
Stock in Comcast jumped nearly 7 percent after it reported that it lost just 17,000 basic video subscribers during the fourth quarter. Wall Street analysts had expected Comcast to lose more than 100,000 customers during Q4.
- see this FierceCable article
- and the earnings release
- see this related article    
- more Comcast news

CenturyLink (NYSE: CTL)
CenturyLink isn't yet signing a significant number of cable and satellite TV subscribers to its IPTV-based PrismTV service, but it is only available to 7 percent of the homes that CenturyLink passes. It improved the penetration rate compared to the third quarter, when PrismTV was available in 5 percent of CenturyLink homes.
- see this article and FierceCable's article
- see this release
- more CenturyLink news

February 20
TDS Telecom (NYSE: TDS)  
TDS Telecom's operating revenues increased 4 percent to $206.8 million in the quarter. For the year 2011, TDS reported $5.1 billion in operating revenues, up from $4.9 billion in 2010, while net income was $200.5 million, or $1.83 in diluted earnings per share.
- read this article
- see the earnings release
- more TDS Telecom news

February 23
Frontier Communications (NYSE: FTR)
Frontier Communications lost 5,900 FiOS TV subscribers during the fourth quarter, but said that it will continue to support the delivery of video programming to FiOS customers that it picked up through its acquisition of $8.6 billion in Verizon assets in 14 states in 2010. Frontier reported $69 million in net income during the quarter, or 7 cents per share, beating analyst forecasts for 5 cents per share.    
- see this FierceCable article and this FierceTelecom article
- see this release
- more Frontier news

February 29
SureWest Communications (Nasdaq: SURW)
SureWest Communications surprised analysts by reporting earnings per share of 11 cents on net income of $1.48 million, 57 percent higher than Wall Street's anticipated 7 cents per share, but down from a year ago when the company had net income of $1.95 million and EPS of 13 cents. SureWest said revenue for the quarter came in at $63.54 million versus the consensus estimate of $62.69 million. Surewest is being acquired by Consolidated Communications.
- read this article and FierceTelecom's article
- see this release
- more SureWest news

March 1
Consolidated Communications (Nasdaq: CNSL)
Consolidated Communications said it increased fourth quarter earnings 16.2 percent to $7.9 million, or 26 cents per share, up from $6.8 million, or 23 cents per share a year ago. Adjusted net income was flat at $8.2 million, or 28 cents per share. It closed the year with 34,356 IPTV subscribers, up from 32,981 it reported in the previous quarter, maintaining a flat penetration rate of 16 percent of the 211,670 IPTV homes it passed.
- see this article
- see this release
- more Consolidated news

March 15
Warwick Valley Telephone (Nasdaq: WWVY)

IPTV in the fourth quarter of 2011