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TheStreet Open House

Time Warner Cable Reports 2012 Third-Quarter Results

SUBSCRIBER METRICS

                                                           
                                                   
(in thousands) Net
Additions
6/30/2012 (Declines) 9/30/2012
Residential services subscribers:
Video 12,299 (140 ) 12,159
High-speed data 10,775 85 10,860
Voice 4,990 4,990
Business services subscribers:
Video 185 185
High-speed data 433 13 446
Voice 198 14 212
 
Single play subscribers 5,950 (14 ) 5,936
Double play subscribers 5,099 (29 ) 5,070
Triple play subscribers   4,244   14     4,258
Customer relationships 15,293 (29 ) 15,264
                     

For definitions related to the Company’s subscriber metrics, refer to the Trending Schedules posted on the Company’s website at www.twc.com/investors.

Non-GAAP Financial Measures

The Company refers to certain financial measures that are not presented in accordance with U.S. generally accepted accounting principles (“GAAP”), including OIBDA, Adjusted OIBDA, Adjusted OIBDA less capital expenditures, Adjusted net income attributable to TWC shareholders, Adjusted Diluted EPS and Free Cash Flow. Refer to Note 2 to the accompanying consolidated financial statements for a discussion of the Company’s use of non-GAAP financial measures.

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