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February 09, 2016 6:11 AM ET

Media

Company Overview of Cequel Communications Holdings I, LLC

Company Overview

Cequel Communications Holdings I, LLC provides video, high-speed Internet, and telephone services through its broadband network to residential and commercial customers in the United States. It offers video services, which include traditional cable video services; advanced digital video services, such as digital video recorders, high definition television, video on demand, and pay-per-view; and local, regional, and long-distance calling services, as well as additional services, including directory assistance, voice mail, and international calling services in the United States, Puerto Rico, the U.S. Virgin Islands, and Guam. The company also provides enterprise class telephone services; and ma...

520 Maryville Centre Drive

Suite 300

St. Louis, MO 63141

United States

6,382 Employees

Phone:

314-315-9400

Key Executives for Cequel Communications Holdings I, LLC

Chairman, Chief Executive Officer, Chairman of Compensation Committee, Chairman of Cequel Holdings and Chief Executive Officer of Cequel Holdings
Age: 58
Chief Operating Officer, Executive Vice President and Director
Age: 53
Chief Technology Officer and Senior Vice President
Age: 53
President of Commercial & Advertising Operations
Age: 53
Chief Accounting Officer and Senior Vice President
Age: 45
Compensation as of Fiscal Year 2015.

Cequel Communications Holdings I, LLC Key Developments

Cequel Communications Holdings I, LLC Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015

Cequel Communications Holdings I, LLC announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company reported total revenues of $605,112,000 against $583,606,000 a year ago. Adjusted EBITDA was $246,036,000 against $210,051,000 a year ago. Income from operations was $62,712,000 against $58,042,000 a year ago. Income before income taxes was $1,552,000 against $833,000 a year ago. Net income was $47,152,000 against $10,091,000 a year ago. On pro forma basis, total Revenue was $584,337,000, adjusted EBITDA of $210,173,000, income from operations of $58,094,000, income before income taxes of $885,000 and net income of $10,143,000. Net cash provided by operating activities was $197,897,000 against $156,709,000 a year ago. Total expenditures were $108,434,000 against $114,885,000 a year ago. Free cash flow was $76,098,000 against $37,190,000 a year ago. Third quarter 2015 revenue increased 3.6%, largely attributable to the increase in residential high-speed Internet revenue and growth in revenue from commercial business, including carrier services, offset in part by decreases in video revenue and advertising revenue. Excluding political advertising sales, total revenue increased 4.1%. Income from operations increase of 7.9%, compared to third quarter 2014, due primarily to improved operating results and a decrease in depreciation and amortization expense, offset, in part, by an increase in non- cash share based compensation expense based on the equity valuation resulting from the Altice Acquisition. For the nine months period, the company reported total revenues of $1,801,378,000 against $1,738,573,000 a year ago. Adjusted EBITDA was $712,397,000 against $654,404,000 a year ago. Income from operations was $123,321,000 against $183,020,000 a year ago. Loss before income taxes was $60,004,000 against income of $14,567,000 a year ago. Net loss was $247,063,000 against income of $12,374,000 a year ago. On pro forma basis, total Revenue was $1,740,887,000, adjusted EBITDA of $654,781,000, income from operations of $182,196,000, income before income taxes of $13,743,000 and net income of $11,550,000. Net cash provided by operating activities was $521,502,000 against $507,659,000 a year ago. Total expenditures were $356,867,000 against $313,516,000 a year ago. Free cash flow was $171,086,000 against $169,936,000 a year ago.

Cequel Communications Holdings I, LLC to Report Q3, 2015 Results on Nov 05, 2015

Cequel Communications Holdings I, LLC announced that they will report Q3, 2015 results on Nov 05, 2015

Cequel Communications Holdings I, LLC, Q3 2015 Earnings Call, Nov 05, 2015

Cequel Communications Holdings I, LLC, Q3 2015 Earnings Call, Nov 05, 2015

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