Business bonanza? U.S. cable generates $5 billion for commercial services

By Alan Breznick

U.S. CABLE OPERATORS likely ended up generating a record US$5 billion in commercial services revenue in 2010, up 25% from $4 billion in 2009, according to the latest data (figures in US dollars).What’s more, the three largest American MSOs all scaled the $1 billion threshold for business services revenue for the first time last year. In December, Comcast, Time Warner Cable, and Cox Communications all indicated that they would easily clear the $1 billion mark for 2010.Speaking at a Light Reading conference on cable business services in New York recently, Craig Collins, senior vice-president of services sales and marketing for...