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Time Warner Cable Profit Drops

2014-10-30 18:02:04| Telecom - Topix.net

Time Warner Cable Inc., still awaiting regulatory approval for its deal to be bought by larger peer Comcast Corp., said its third-quarter profit fell 6%, missing Wall Street expectations, as the company lost subscribers. Time Warner Cable's results have been buoyed recently by higher subscriber numbers for broadband Internet service.

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