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Time Warner Cable Loses 66,000 Video Subs in Q1

4:08 AM PDT 4/28/2011 by Georg Szalai

The cable operator's shares hit a new 52-week high though as its profit rises 52 percent and the company says it now has more than 10 million broadband subscribers.

NEW YORK -- Time Warner Cable on Thursday reported improved first-quarter financials as it continued to lose TV subscribers.

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