Loss Widens for Overbuilder Grande Communications
Grande Communications reported a net loss of $9.7 million in the first quarter compared with a loss of $9.5 million during the same period last year.
The cable overbuilder reported $15.5 million in video revenue (up $1.7 million), $8.3 million in high-speed-data revenue (up $800,000) and $14 million in voice revenue (down about $700,000).
Grande said it passes about 336,596 homes with its video, voice and high-speed-Internet products in Austin, Corpus Christi, suburban northwest Dallas, Midland, Odessa, San Antonio, San Marcos and Waco, Texas.
At the end of the first quarter, Grande counted 95,585 cable TV customers, 116,679 telephone subscribers and 88,526 broadband Internet customers.
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