Time Warner Cable revenue rises 7 percent

Reuters

Time Warner Cable Inc , the second largest U.S. cable operator, posted higher quarterly revenue, helped by strong growth in its business services segment.

Net income attributable to the company rose to $401 million, or $1.34 per share, for the first-quarter, from $382 million, or $1.20 per share, a year earlier.

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Revenue rose about 6.6 percent to $5.48 billion.

(Reporting By Aurindom Mukherjee in Bangalore; Editing by Saumyadeb Chakrabarty)