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Cable Industry ‘Strikes Back’ at Cord-Cutting in Third Quarter

  • Comcast, TWC, Charter all surpass estimates for video users
  • `Time to change the narrative about cord cutting:' Moffett
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The cable industry, plagued by cord-cutting for years, is fighting back.

Comcast Corp., Time Warner Cable Inc., and Charter Communications Inc. all exceeded analysts’ expectations for their third-quarter video businesses, countering a trend of precipitous decline in traditional pay-TV and reclaiming market share from some telecom carriers and satellite-TV providers.