Cord cutting is actually getting slower … or at least, it’s not getting faster. That’s the conclusion today of MoffettNathanson analyst Craig Moffett, who said the conversion rate of linear video service ditchers being signed into virtual MVPDs is improving.
Altice USA reported narrow revenue growth of 1.2% to $2.33 billion in the first quarter, with a testy program licensing dispute, as well as several debilitating storms, taking a toll on residential sales during the period.
Altice USA CEO Dexter Goei told investors yesterday that his company is ahead of schedule in terms of developing the wireless infrastructure and integration needed to execute on an MVNO agreement with Sprint established last year.
After scuttling plans to launch an OTT service and no longer investing in growth for its Prism TV IPTV platform, CenturyLink has openly declared that it’s willing to bundle third-party virtual pay TV services into residential broadband packages.
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