Traditional Providers Losses, 4th Quarter 2024 Edition

[Bruce]

Windstream (Kinetic) has been boring and pulling conduit and fiber through my neighborhood for the last 3-4 weeks.

Quantum (Century Link) has all the work done in my neighborhood, my install keeps getting delayed, 6 months now, the newest thing I have heard is in the summer.

I have no idea why.

 

[osu1991]

Quantum (Century Link) has all the work done in my neighborhood, my install keeps getting delayed, 6 months now, the newest thing I have heard is in the summer.

I have no idea why.

It was about 6 months start to finish before I could switch over to the fiber, when Cox bored and pulled fiber through my neighborhood a couple years ago

 

[savarese04]

Serious question, but is fiber not considered "broadband" or is it only DOCSIS delivered internet? I ask because some of these providers do have both DOCSIS and fiber. When their broadband count goes down, that's not because they're moving to the fiber offerings.

 

[John2021]

Well I noticed on my Spectrum bill that they are still finding ways to make more money. I had a 12 month promotion for internet 300 speed for $63. 60 a month. That was in May and I saw my bill go up by $2.00, because they started charging for Wifi tower we have at $5.00 and that was in July and our speed went to 500. Then by fall it went up to $7.00 for the same tower. This month for February they went up another $3.00 to $10.00 for Wifi. I get a $5.00 discount for autopay. But now my bill is at $68.36 and now my speed is at 600 and supposedly no extra increase. Right......But without the wifi tower we would have trouble having everything connected to the internet and it does reach through out the house and even the yard . But sneaky the way they keep passing on these charges when the whole reason I set up the promotion was to save money.

Buy your own modem and router!!!! They gave us there gig service for 45.00 a month for 3 years. Have you called in and threatened to cancel.

 

[meStevo]

Serious question, but is fiber not considered "broadband" or is it only DOCSIS delivered internet? I ask because some of these providers do have both DOCSIS and fiber. When their broadband count goes down, that's not because they're moving to the fiber offerings.

FCC considers anything greater than 25 Mbps download and 3 Mbps upload as broadband. Typically when people talk about moving to fiber it's because more competitive offers come along with it as it signals an introduction of a competitor in a monopoly situation like Cox has in Vegas, or just simply lower rates overall due to the competition.

It's all broadband, but it's typically a faster and cheaper option.

I'm paying Cox $170/mo for 1gb down, 35 up ($50 of that for unlimited data)... look at these Google Fiber offerings coming to my area at some point in the next year or so ideally, and with no data caps:

 

[Bruce]

Hulu Live reported, no gains or losses, unchanged from the previous quarter.

So, as of now, 494,000 lost this quarter, with 4 companies (Fios, Comcast, Charter, Hulu Live) reporting.

 

[Bruce]

Hulu Live reported, no gains or losses, unchanged from the previous quarter.

So, as of now, 494,000 lost this quarter, with 4 companies (Fios, Comcast, Charter, Hulu Live) reporting.

Altice ( formerly Cablevision) reported, 64,000 video customers lost, down to 1.88 Million Pay TV Subscribers.

Company lost broadband subscribers, -37,000 and net income (loss) was -$54 Million.

Altice USA Reports Fourth Quarter and Full Year 2024 Results

Altice USA (NYSE: ATUS) today reports results for the fourth quarter and full year ended December 31, 2024. Dennis Mathew, Altice USA Chairman and Chi

www.businesswire.com

So, total gone from Paid Live TV this quarter, 554,000 have left.

 

[Bruce]

Echostar reported

In the 3rd Quarter had a net loss of 43,000

4th Quarter-253,000 so a increase of 210,000 lost

DISH TV losing around 183,000 and Sling TV shedding about 70,000

EchoStar Announces Financial Results for the Three and Twelve Months Ended December 31, 2024

/PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) announced its financial results for the three and twelve months ended December 31, 2024. Twelve Months...

www.prnewswire.com

total gone from Paid Live TV this quarter-807,000

 

[MikeD-C05]

Echostar reported

In the 3rd Quarter had a net loss of 43,000

4th Quarter-253,000 so a increase of 210,000 lost

DISH TV losing around 183,000 and Sling TV shedding about 70,000

EchoStar Announces Financial Results for the Three and Twelve Months Ended December 31, 2024

/PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) announced its financial results for the three and twelve months ended December 31, 2024. Twelve Months...

www.prnewswire.com

total gone from Paid Live TV this quarter-807,000

Down to 5 million satellite customers now. So around 1 million a year gone each year DISH should be out of the satellite business by 2030 if not sooner.

I still say they should merge DISH and Sling together. Make it with the better interface of DISH and their guides etc, but use the sling programming packs you can add as you want. Sling guide is crappy and it is all over the place where they put channels. But Sling TV does have around 2 million subs and it would improve those numbers if you could combine the two services into one. Then as satellite subs start to disconnect you could transition them to Sling TV and the cheaper prices.

The only thing I think DISH could do to make their service better is lose the extra fees for additional receivers( let the subs pay for them out right or by the month them till they are paid off, then no more fee) and the dvr fee should be cut down to $5.00. Also add a 4 tuner usb ota module, so you can record all 4 ota networks. (Another way to save if you don't want satellite locals) AirTV Anywhere ota dvr that pairs with Sling TV does this already.

You could add a cloud dvr feature to DISH that Sling TV has also. Then the fast channel recordings and other streaming channel recordings could go there and you would have no limit to how many you record, except by the size of the cloud they add. You could offer different cloud sizes and prices for them.

But the point is the current business model is dying and the excessive fees that add to the cost of the programming that is still going up each year is killing the business. This is why streaming is taking over. Choices and Price.