Mediacom Communications Reports Results for Fourth Quarter and Full Year 2005

Fourth Quarter 2005 Financial Highlights

-- Revenues of $280.3 million, an increase of 5.7% over Q4 2004

-- Operating income before depreciation and amortization ("OIBDA") of $100.7 million, a decrease of 1.7% compared to Q4 2004

-- Adjusted OIBDA of $101.1 million, a decrease of 1.3% compared to Q4 2004. Adjusted OIBDA excludes non-cash compensation charges

-- Net loss of $212.7 million, reflecting a $197.3 million non-cash tax charge, versus net income of $2.0 million in Q4 2004

-- Capital expenditures of $49.0 million

-- Total revenue generating units ("RGUs") of 2,417,000, a gain of 56,000 during the quarter versus 28,000 RGU additions in the fourth quarter of 2004, consisting of:

- Basic subscriber losses of 6,000

- Digital customer gains of 17,000

- Data customer gains of 25,000

- Phone customer gains of 20,000

Full Year 2005 Financial Highlights

-- Revenues of $1,098.8 million, an increase of 3.9% over full year 2004

-- OIBDA of $405.3 million, a decrease of 2.0% compared to full year 2004

-- Adjusted OIBDA of $406.6 million, a decrease of 1.7% compared to full year 2004

-- Net loss of $222.2 million, reflecting the $197.3 million non-cash tax charge mentioned above, versus net income of $13.6 million for 2004

-- Capital expenditures of $228.2 million

-- Total RGUs of 2,417,000, a gain of 196,000 during the year versus 15,000 RGU additions in 2004, consisting of:

- Basic subscriber losses of 35,000

- Digital customer gains of 98,000

- Data customer gains of 111,000

- Phone customer gains of 22,000

"In 2005, Mediacom delivered record RGU growth," said Rocco B.Commisso, Mediacom's Chairman and CEO. "Our customers clearlyresponded to new product packaging and bundling initiatives, asevidenced by all-time high digital and data net additions. Thesestrategies also contributed to a significant reduction inyear-over-year basic subscriber losses. However, the effects ofextended promotional discount periods, combined with incremental costsneeded to ready our network for phone service and the cumulativeimpact of three major hurricanes disrupting Gulf Coast operations in2004 and 2005, all weighed on revenue and cash flow results."

"Our experience so far with the phone service launches has beenencouraging, as we gained 20,000 phone customers this quarter. Wefinished the year marketing the triple-play bundle of video, data andvoice to over half of the total homes in our markets. We anticipatethat the phone business will be a meaningful contributor to revenuegrowth in 2006, helping lay the groundwork for improved financialperformance this year," Mr. Commisso concluded.

Three Months Ended December 31, 2005 Compared to Three MonthsEnded December 31, 2004

For the fourth quarter of 2005, revenues were $280.3 million, anincrease of 5.7% over $265.2 million in the comparable 2004 period.

-- Video revenues increased 2.4%, as a result of rate increases applied on the Company's subscribers and greater digital penetration and fees from advanced video products and services, offset by a decrease in basic subscribers and the impact of extended promotional discount offers. For the fourth quarter, basic subscriber losses amounted to 6,000, as compared to a loss of 3,000 in the prior year quarter. Digital customers rose by 17,000 during the fourth quarter of 2005, as compared to a gain of 14,000 in the same period last year. Average monthly video revenue per basic subscriber increased 4.8% from the fourth quarter of 2004 to $49.67.

-- Data revenues rose 24.4%, primarily due to a 30.2% year-over-year increase in data customers. Data customers grew by 25,000 during the fourth quarter of 2005, as compared to a gain of 17,000 in the same period last year. Average monthly data revenue per data customer decreased 4.2% from the fourth quarter of 2004 to $37.33, largely due to extended promotional offers in 2005.

-- Advertising revenues decreased 6.8%, largely as a result of an anticipated decline in political advertising from the 2004 election year.

Service costs grew 8.5%, primarily due to: (i) increasedprogramming costs as a result of lower launch support received fromprogramming suppliers and higher unit costs, partially offset by alower base of basic subscribers; (ii) greater use of outsidecontractors for customer activity typically performed by serviceemployees and, to a lesser extent, increases in routine plant repairsand maintenance; (iii) higher field operating costs driven by risingvehicle fuel costs; and (iv) greater employee costs caused byincreased headcount and overtime of technicians to prepare theCompany's network for phone service and for customer installationactivity, offset in part by higher levels of labor and overheadcapitalization.

Selling, general and administrative expenses rose 11.8%, primarilydue to increasing employee costs, including higher staffing,commissions and benefit costs of customer service and direct salespersonnel, caused by greater levels of customer activity.

Corporate expenses rose 36.9%, principally due to increases inemployee compensation, including non-cash compensation chargestotaling $0.4 million for the fourth quarter of 2005, and higher legaland accounting fees. As a percentage of revenues, corporate expenseswere 2.1% as compared to 1.6% in the prior year quarter.

Depreciation and amortization increased 8.6%, principally as aresult of asset retirements and disposals related to Hurricanes Dennisand Katrina.

Interest expense, net, increased 10.1%, principally due to highermarket interest rates on variable rate debt and, to a lesser extent,greater levels of indebtedness.

As a result of the quarterly mark-to-market valuation of theCompany's interest rate exchange agreements, the Company recorded anet gain on derivatives amounting to $1.0 million for the three monthsended December 31, 2005, as compared to the net gain of $6.6 millionfor the three months ended December 31, 2004.

Provision for income taxes was approximately $197.4 million forthe three months ended December 31, 2005, compared to a benefit fromincome taxes of $0.4 million for the three months ended December 31,2004. During the fourth quarter of 2005, the Company took a non-cashcharge of $197.3 million, reflecting its decision to raise thevaluation allowance against its deferred tax assets, which principallyconsist of the Company's pre-tax net operating loss carryforwards forfederal and state purposes. These carryforwards totaled approximately$1.7 billion as of December 31, 2005.

The Company generated a net loss for the three months endedDecember 31, 2005 of $212.7 million, as compared to net income of $2.0million for the three months ended December 31, 2004.

Liquidity and Capital Resources

The Company has included the Condensed Statements of Cash Flowsfor the twelve months ended December 31, 2005 and 2004 in Attachment 4to provide more detail regarding its liquidity and capital resources.

Significant sources of cash for the twelve months ended December31, 2005 were:

-- Generation of net cash flows from operating activities of approximately $179.1 million;

-- Net borrowings of $50.0 million under the Company's revolving credit facilities; and

-- Proceeds from the sale of assets and investments of $4.6 million.

Significant uses of cash for the twelve months ended December 31,2005 were:

-- Capital expenditures of approximately $228.2 million;

-- Repurchases of approximately 2.7 million shares of common stock for $14.5 million; and

-- Financing costs of $11.8 million primarily related to: (i) the issuance in August 2005 of $200.0 million of 8 1/2% Notes due 2015; and (ii) the amendment of the revolving credit portion of one of the Company's credit facilities.

Capital Raising Activities

In April 2005, the Company redeemed $200.0 million of 8 1/2%Senior Notes due 2008 with available funds from its senior securedcredit facilities.

In August 2005, the Company issued $200.0 million of 8 1/2% SeniorNotes due 2015; proceeds were used to reduce outstanding balancesunder the revolving credit portion of its senior secured creditfacilities.

In October 2005, the Company amended the revolving credit portionof one of its senior secured credit facilities to: (i) increase therevolving credit commitment from approximately $543.0 million toapproximately $650.5 million, of which approximately $430.3 million isnot subject to scheduled reductions prior to the termination date; and(ii) extend the termination date of the commitments not subject toreductions from March 31, 2010 to December 31, 2012.

Financial Position

At December 31, 2005, the Company had total debt outstanding of$3,059.7 million, an increase of $50.1 million since December 31,2004. As of the same date, the Company had unused credit facilities of$871.2 million, all of which could be borrowed and used for generalcorporate purposes based on the terms and conditions of the Company'sdebt arrangements. As of the date of this press release, 70.9% of theCompany's total debt is at fixed interest rates or subject to interestrate protection, and the Company's weighted average cost of debtcapital, including interest rate swap agreements, is 7.3%.

2006 Guidance

The Company today announced its financial guidance for 2006, asfollows:

-- Revenue growth of between 8% and 9%

-- Adjusted OIBDA growth of between 7% and 8%

-- Capital expenditures of approximately $200 million

Stock Repurchase Program and Activity

In May 2000, the Company's Board of Directors authorized a $50.0million stock repurchase program. In the fourth quarter of 2005, theCompany repurchased 1.6 million shares for approximately $8.2 million.Subsequent to year-end 2005, the Company repurchased an additional 2.1million shares for approximately $12.1 million. As of February 20,2006, the Company had approximately $11.2 million of availabilityremaining under the program. On February 21, 2006, the Boardauthorized an additional $50.0 million stock repurchase program,bringing the total authorization for stock repurchases to $61.2million.

Use of Non-GAAP Financial Measures

"OIBDA," "Adjusted OIBDA" and "free cash flow" are not financialmeasures calculated in accordance with generally accepted accountingprinciples (GAAP) in the United States. The Company defines free cashflow as OIBDA less interest expense, net, cash taxes and capitalexpenditures.

OIBDA and Adjusted OIBDA are two of the primary measures used bymanagement to evaluate the Company's performance and to forecastfuture results. The Company believes these measures are useful forinvestors because they enable investors to assess the Company'sperformance in a manner similar to the methods used by management, andprovide measures that can be used to analyze, value and compare thecompanies in the cable television industry, which may have differentdepreciation and amortization policies, as well as different non-cashcompensation programs. A limitation of OIBDA, however, is that itexcludes depreciation and amortization, which represents the periodiccosts of certain capitalized tangible and intangible assets used ingenerating revenues in the Company's business. Management utilizes aseparate process to budget, measure and evaluate capital expenditures.In addition, Adjusted OIBDA has the limitation of not reflecting theeffect of the Company's non-cash compensation charges.

Free cash flow is used by management to evaluate the Company'sability to service its debt and to fund continued growth withinternally generated funds. The Company believes free cash flow isuseful for investors because it enables them to assess the Company'sability to service its debt and to fund continued growth withinternally generated funds in a manner similar to the method used bymanagement, and provide measures that can be used to analyze, valueand compare companies in the cable television industry. The Company'sdefinition of free cash flow eliminates the impact of quarterlyworking capital fluctuations, most notably from the timing ofsemi-annual cash interest payments on the Company's senior notes.

OIBDA, Adjusted OIBDA and free cash flow should not be regarded asalternatives to either operating income, net income or net loss asindicators of operating performance or to the statement of cash flowsas measures of liquidity, nor should they be considered in isolationor as substitutes for financial measures prepared in accordance withGAAP. The Company believes that operating income is the most directlycomparable GAAP financial measure to OIBDA and Adjusted OIBDA, andthat net cash flows provided by operating activities is the mostdirectly comparable GAAP financial measure to free cash flow.Reconciliations of historical presentations of OIBDA, Adjusted OIBDAand free cash flow to their most directly comparable GAAP financialmeasures are provided in Attachment 6. The Company is unable toreconcile these non-GAAP measures to their most directly comparablenon-GAAP measures on a forward-looking basis primarily because it isimpractical to project the timing of certain items, such as theinitiation of depreciation relative to network construction project,or changes in working capital.

Company Description

Mediacom Communications is the nation's 8th largest cabletelevision company and the leading cable operator focused on servingthe smaller cities and towns in the United States. MediacomCommunications offers a wide array of broadband products and services,including traditional video services, digital television,video-on-demand, digital video recorders, high-definition television,high-speed Internet access and phone service. More information aboutMediacom Communications can be accessed on the Internet at:www.mediacomcc.com.

Forward Looking Statements

Any statements in this press release that are not historical factsare forward-looking statements within the meaning of Section 21E ofthe Securities Exchange Act of 1934, as amended. In some cases, youcan identify those forward-looking statements by words such as "may,""will," "should," "expects," "plans," "anticipates," "believes,""estimates," "predicts," "potential," or "continue" or the negative ofthose words and other comparable words. These forward-lookingstatements are subject to risks and uncertainties that could causeactual results to differ materially from historical results or thosethe Company anticipates. Factors that could cause actual results todiffer from those contained in the forward-looking statements include,but are not limited to: competition in the Company's video, high-speedInternet access and phone businesses; the Company's ability to achieveanticipated customer and revenue growth and to successfully introducenew products and services; increasing programming costs; changes inlaws and regulations; the Company's ability to generate sufficientcash flow to meet its debt service obligations and to access capitalto maintain financial flexibility; and the other risks anduncertainties described in the Company's annual report on Form 10-Kfor the year ended December 31, 2004 and the other reports anddocuments the Company files from time to time with the Securities andExchange Commission. Statements included in this press release arebased upon information known to the Company as of the date of thispress release, and the Company assumes no obligation to (and expresslydisclaims any such obligation to) publicly update or alter itsforward-looking statements made in this press release, whether as aresult of new information, future events or otherwise, except asotherwise required by applicable federal securities laws.

Tables:

(1) Actual Results - Three-Month Periods

(2) Actual Results - Twelve-Month Periods

(3) Condensed Consolidated Balance Sheet

(4) Condensed Statements of Cash Flows

(5) Capital Expenditure Data

(6) Reconciliation Data - Historical

(7) Calculation - Free Cash Flow

(8) Summary Operating Statistics
(1) Actual Results - Three-Month Periods

MEDIACOM COMMUNICATIONS CORPORATION
Consolidated Statements of Operations
(All amounts in thousands, except per share data)
(Unaudited)

Three Months Ended
December 31, Percent
--------------------
2005 2004 Change
---------- --------- -------
Video $212,471 $207,542 2.4%
Data 52,136 41,899 24.4
Advertising 14,648 15,722 (6.8)
Telephone 1,032 - NM
---------- --------- -------
Total revenues 280,287 265,163 5.7

Service costs 112,857 103,983 8.5
SG&A expenses 60,751 54,363 11.8
Corporate expenses 5,932 4,334 36.9
Depreciation and amortization 58,037 53,436 8.6
---------- --------- -------

Operating income 42,710 49,047 (12.9)

Interest expense, net (54,480) (49,464) 10.1
Gain on derivatives, net 1,042 6,627 NM
Other expense, net (4,553) (4,655) (2.2)
---------- --------- -------

(Loss) income before provision for income
taxes (15,281) 1,555 NM
(Provision for) benefit from income taxes (197,386) 414 NM
---------- --------- -------
Net (loss) income $(212,667) $1,969 NM
========== ========= =======

Basic and diluted weighted average shares
outstanding 116,580 118,088
Basic and diluted loss per share $(1.82) $0.02

----------------------------------------------------------------------
OIBDA (a) $100,747 $102,483 (1.7%)
OIBDA margin (b) 35.9% 38.6%
Operating income margin (c) 15.2% 18.5%
Free cash flow (d) $(2,801) $(2,270)
Free cash flow per share (e) $(0.02) $(0.02)

-------------------------------
Note: Certain reclassifications have been made to prior period amounts
to conform to the current period presentation, and percentage changes
that are not meaningful are marked NM.

(a) See Attachment (6) Reconciliation Data - Historical for a
reconciliation of OIBDA to operating income.
(b) Represents OIBDA as a percentage of revenues.
(c) Represents operating income as a percentage of revenues.
(d) Represents OIBDA less cash taxes, capital expenditures and
interest expense, net. See Attachment (6) Reconciliation Data -
Historical for a reconciliation of free cash flow to net cash
flows provided by operating activities.
(e) Represents free cash flow divided by basic weighted average common
shares outstanding.

(2) Actual Results - Twelve-Month Periods

MEDIACOM COMMUNICATIONS CORPORATION
Consolidated Statements of Operations
(All amounts in thousands, except per share data)
(Unaudited)

Twelve Months Ended
December 31, Percent
---------------------
2005 2004 Change
---------- ---------- -------
Video $849,760 $848,864 0.1%
Data 194,835 156,284 24.7
Advertising 53,118 52,078 2.0
Telephone 1,109 - NM
---------- ---------- -------
Total revenues 1,098,822 1,057,226 3.9

Service costs 438,768 407,875 7.6
SG&A expenses 232,514 216,394 7.4
Corporate expenses 22,287 19,276 15.6
Depreciation and amortization 220,567 217,262 1.5
---------- ---------- -------

Operating income 184,686 196,419 (6.0)

Interest expense, net (208,264) (192,740) 8.1
Loss on early extinguishment of debt (4,742) - NM
Gain on derivatives, net 12,555 16,125 NM
Gain on sale of assets and investments,
net 2,628 5,885 NM
Other expense, net (11,829) (12,061) (1.9)
---------- ---------- -------

(Loss) income before provision for
income taxes (24,966) 13,628 NM
Provision for income taxes (197,262) (76) NM
---------- ---------- -------
Net (loss) income $(222,228) $13,552 NM
========== ========== =======

Basic weighted average shares
outstanding 117,194 118,534
Diluted weighted average shares
outstanding 117,194 118,543
Basic and diluted (loss) earnings per
share $(1.90) $0.11

----------------------------------------------------------------------
OIBDA (a) $405,253 $413,681 (2.0%)
OIBDA margin (b) 36.9% 39.1%
Operating income margin (c) 16.8% 18.6%
Free cash flow (d) $(31,543) $39,260
Free cash flow per share (e) $(0.27) $0.33

-------------------------------
Note: Certain reclassifications have been made to prior period amounts
to conform to the current period presentation, and percentage changes
that are not meaningful are marked NM.

(a) See Attachment (6) Reconciliation Data - Historical for a
reconciliation of OIBDA to operating income.
(b) Represents OIBDA as a percentage of revenues.
(c) Represents operating income as a percentage of revenues.
(d) Represents OIBDA less cash taxes, capital expenditures and
interest expense, net. See Attachment (6) Reconciliation Data -
Historical for a reconciliation of free cash flow to net cash
flows provided by operating activities.
(e) Represents free cash flow divided by basic weighted average common
shares outstanding.

(3) Condensed Consolidated Balance Sheet

MEDIACOM COMMUNICATIONS CORPORATION
Condensed Consolidated Balance Sheet
(Dollars in thousands)
(Unaudited)

December 31, December 31,
2005 2004
-------------- --------------
ASSETS
Cash and cash equivalents $17,281 $23,875
Investments - 1,987
Subscriber accounts receivable, net 63,845 58,253
Deferred tax assets 2,782 7,024
Prepaid expenses and other assets 23,046 12,757
-------------- --------------
Total current assets $106,954 $103,896

Property, plant and equipment, net 1,453,588 1,443,090
Intangible assets, net 2,039,176 2,042,110
Other assets, net 49,780 46,559
-------------- --------------
Total assets $3,649,498 $3,635,655
============== ==============

LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable and accrued expenses $270,137 $261,223
Deferred revenue 41,073 38,707
Current portion of long-term debt 222,770 42,700
-------------- --------------
Total current liabilities $533,980 $342,630

Long-term debt, less current portion 2,836,881 2,966,932
Deferred tax liabilities 200,090 7,024
Other non-current liabilities 19,440 25,557
Total stockholders' equity 59,107 293,512
-------------- --------------
Total liabilities and stockholders'
equity $3,649,498 $3,635,655
============== ==============

-------------------------------
Note: Certain reclassifications have been made to prior period amounts
to conform to the current period presentation.

(4) Condensed Statements of Cash Flows

MEDIACOM COMMUNICATIONS CORPORATION
Condensed Statements of Cash Flows
(Dollars in thousands)
(Unaudited)

Twelve Months Ended
December 31,
---------------------
2005 2004
---------- ----------

CASH FLOWS PROVIDED BY OPERATING ACTIVITIES:
Net cash flows provided by operating
activities $179,095 $224,611
---------- ----------

CASH FLOWS USED IN INVESTING ACTIVITIES:
Capital expenditures (228,216) (181,362)
Acquisition of cable television systems - (3,372)
Proceeds from sale of assets and investments 4,616 10,556
Other investment activities - (3,246)
---------- ----------
Net cash flows used in investing
activities $(223,600) $(177,424)
---------- ----------

CASH FLOWS PROVIDED BY (USED IN) FINANCING
ACTIVITIES:
New borrowings 849,750 247,872
Repayment of debt (799,731) (289,732)
Redemption of senior notes (202,834) -
Issuance of senior notes 200,000 -
Repurchase of common stock (14,490) (6,183)
Other financing activities - book overdrafts 16,107 6,034
Proceeds from issuance of common stock in
employee stock purchase plan 954 1,029
Financing costs (11,845) (8,147)
---------- ----------
Net cash flows provided by (used in)
financing activities $37,911 $(49,127)
---------- ----------
Net decrease in cash and cash equivalents $(6,594) $(1,940)
CASH AND CASH EQUIVALENTS, beginning of period $23,875 $25,815
---------- ----------
CASH AND CASH EQUIVALENTS, end of period $17,281 $23,875
========== ==========

SUPPLEMENTAL DISCLOSURES OF CASH FLOW
INFORMATION:
Cash paid during the period for interest, net
of amounts capitalized $205,411 $186,835

-------------------------------
Note: Certain reclassifications have been made to prior period amounts
to conform to the current period presentation.

(5) Capital Expenditure Data

MEDIACOM COMMUNICATIONS CORPORATION
(Dollars in thousands)
(Unaudited)

Three Months Ended
December 31,
-------------------
2005 2004
---------- --------
Customer premise equipment $27,823 $19,589
Scalable infrastructure 4,352 6,340
Line extensions 4,248 6,333
Upgrade/Rebuild 9,920 15,535
Support capital 2,643 7,518
---------- --------
Total $48,986 $55,315
========== ========

Twelve Months Ended
December 31,
-------------------
2005 2004
--------- ---------
Customer premise equipment $124,440 $75,837
Scalable infrastructure 26,101 24,410
Line extensions 18,952 26,395
Upgrade/Rebuild 41,756 31,254
Support capital 16,967 23,466
--------- ---------
Total $228,216 $181,362
========= =========

-------------------------------
Note: Certain reclassifications have been made to prior period amounts
to conform to the current period presentation.

(6) Reconciliation Data - Historical

MEDIACOM COMMUNICATIONS CORPORATION
Reconciliation of OIBDA and Adjusted OIBDA to Operating Income
(Dollars in thousands)
(Unaudited)

Three Months Ended
December 31,
-------------------
2005 2004
--------- ---------
Adjusted OIBDA $101,143 $102,483
Non-cash compensation charges (396) -
--------- ---------
OIBDA $100,747 $102,483
Depreciation and amortization (58,037) (53,436)
--------- ---------
Operating income $42,710 $49,047
========= =========

Twelve Months Ended
December 31,
--------------------
2005 2004
---------- ---------
Adjusted OIBDA $406,586 $413,681
Non-cash compensation charges (1,333) -
---------- ---------
OIBDA $405,253 $413,681
Depreciation and amortization (220,567) (217,262)
---------- ---------
Operating income $184,686 $196,419
========== =========

Reconciliation of Free Cash Flow to Net Cash Flows
Provided by Operating Activities
(Dollars in thousands)
(Unaudited)

Three Months Ended
December 31,
-------------------
2005 2004
---------- --------
Free cash flow $(2,801) $(2,270)
Capital expenditures 48,986 55,315
Other expenses (347) 418
Change in assets and liabilities, net 12,106 (1,010)
---------- --------
Net cash flows provided by operating activities $57,944 $52,453
========== ========

Twelve Months Ended
December 31,
--------------------
2005 2004
---------- ---------
Free cash flow $(31,543) $39,260
Capital expenditures 228,216 181,362
Other expenses (1,523) (2,313)
Change in assets and liabilities, net (16,055) 6,302
---------- ---------
Net cash flows provided by operating activities $179,095 $224,611
========== =========

-------------------------------
Note: Certain reclassifications have been made to prior period amounts
to conform to the current period presentation.

(7) Calculation - Free Cash Flow

MEDIACOM COMMUNICATIONS CORPORATION
(Dollars in thousands)
(Unaudited)

Three Months Ended
December 31,
-------------------
2005 2004
--------- ---------
OIBDA $100,747 $102,483
Cash taxes (82) 26
Capital expenditures (48,986) (55,315)
Interest expense, net (54,480) (49,464)
--------- ---------
Free cash flow $(2,801) $(2,270)
========= =========

Twelve Months Ended
December 31,
--------------------
2005 2004
---------- ---------
OIBDA $405,253 $413,681
Cash taxes (316) (319)
Capital expenditures (228,216) (181,362)
Interest expense, net (208,264) (192,740)
---------- ---------
Free cash flow $(31,543) $39,260
========== =========

(8) Summary Operating Statistics

MEDIACOM COMMUNICATIONS CORPORATION
(Unaudited)

Actual Actual Actual
December 31, September 30, December 31,
2005 2005 2004
-------------- -------------- --------------

Estimated homes passed 2,807,000 2,802,000 2,785,000

Total revenue
generating units
(RGUs) (a) 2,417,000 2,361,000 2,221,000
Quarterly net RGU
additions 56,000 34,000 28,000
RGU penetration(b) 86.1% 84.3% 79.7%
Average monthly revenue
per RGU(c) $39.11 $39.10 $40.05

Customer
relationships(d) 1,475,000 1,477,000 1,495,000

Video
Basic subscribers 1,423,000 1,429,000 1,458,000
Quarterly net basic
subscriber losses (6,000) (17,000) (3,000)
Basic penetration(e) 50.7% 51.0% 52.4%
Digital customers 494,000 477,000 396,000
Quarterly net digital
customer additions 17,000 22,000 14,000
Digital penetration(f) 34.7% 33.4% 27.2%
Average monthly video
revenue per basic
subscriber(g) $49.67 $49.06 $47.40

Data
Data customers 478,000 453,000 367,000
Quarterly net data
customer additions 25,000 27,000 17,000
Data penetration(h) 17.0% 16.2% 13.2%
Average monthly data
revenue per data
customer(i) $37.33 $37.73 $38.96

Phone
Estimated marketable
phone homes(j) 1,450,000 455,000 -
Phone customers 22,000 2,000 -

Average total monthly
revenue per basic
subscriber(k) $65.52 $63.76 $60.56

-------------------------------
Note: Certain reclassifications have been made to prior period amounts
to conform to the current period presentation.

(a) Represents the total of basic subscribers, digital customers, data
customers and phone customers at the end of each period.
(b) Represents RGUs as a percentage of estimated homes passed.
(c) Represents average monthly revenues for the last three months of
the period divided by average RGUs for such period.
(d) The total number of customers that receive at least one level of
service, encompassing video, data and phone, without regard to
which service(s) customers purchase.
(e) Represents basic subscribers as a percentage of estimated homes
passed.
(f) Represents digital customers as a percentage of basic subscribers.
(g) Represents average monthly video revenues for the last three
months of the period divided by average basic subscribers for such
period.
(h) Represents data customers as a percentage of estimated homes
passed.
(i) Represents average monthly data revenue for the last three months
of the period divided by average data customers for such period.
(j) Represents the estimated number of homes to which the Company is
currently marketing phone service.
(k) Represents average monthly revenues for the last three months of
the period divided by average basic subscribers for such period.