Reuters: Technology News: Time Warner Cable profit rises on demand for high-speed data services

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Time Warner Cable profit rises on demand for high-speed data services Aug 1st 2013, 10:14 Tweet Share this Email Print Related News Time Warner Cable profit rises on demand for high-speed data services 6:11am EDT Bombardier profit rises 22 percent 6:10am EDT UPDATE 1-DreamWorks profit nearly doubles on 'The Croods' success Wed, Jul 31 2013 Hyatt profit beats as U.S. demand drives room rates Wed, Jul 31 2013 CORRECTED-Humana second-quarter profit rises on retail, employer divisions Wed, Jul 31 2013 The Time Warner Cable office is shown in Carlsbad, California November 5, 2012. Credit: Reuters/Mike Blake Thu Aug 1, 2013 6:14am EDT (Reuters) - Time Warner Cable Inc, the second largest U.S. cable operator, posted a 6.4 percent rise in quarterly profit, helped by an increase in demand for high-speed data services. Net income attributable to the company rose to $481 million, or $1.64 per share, for the second quarter from $452 million, or $1.43 per share, a year earlier. Revenue rose about 2.7 percent to $5.55 billion. (Reporting By Aurindom Mukherjee in Bangalore & Liana Baker in New York; Editing by Joyjeet Das) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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