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Business - Daily Business Report

Thursday, May. 14, 2009

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Insight revenues up 15 percent

- ssloan@herald-leader.com

Lexington cable provider Insight Communications announced its first-quarter results this week, saying revenue rose 15 percent to $236.7 million compared to a year ago.

The company, which operates in Kentucky, Indiana and Ohio, said it gained 30,700 digital cable customers in the quarter, the highest quarterly net gain in the company's history.

The number of basic cable customers rose by 16,000, or 5 percent, to 723,700.

The number of telephone customers rose by 24,500 to 300,100.

Insight also gained 19,900 broadband customers, raising its total to 478,500.

The total average monthly revenue per basic cable customer was $110.17 in the quarter, up from $100.79 in the same time a year ago.

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