<BTB>
EXHIBIT 99B3
SELECTED FINANCIAL AND DOMESTIC CABLE AND BROADBAND
OPERATING HIGHLIGHTS
(UNAUDITED)
Quarter Ended Nine Months Ended
September 30, September 30,
1996 1996
Dollars in Pro % Pro %
millions 1997 forma Change 1997 forma Change
- - ------------------------- ---------------- -------- -------- --------
Domestic Cable &
Broadband Results
Revenues
Basic cable $ 384 $ 341 12.6 $ 1,131 $ 1,024 10.4
Premium 82 86 (4.7) 245 260 (5.8)
Advertising 33 30 10.0 91 89 2.2
Primestar 29 18 61.1 78 49 59.2
Pay-per-view 12 12 - 42 34 23.5
New prod. tier 4 1 - 9 2 -
Equip. & Install 40 34 17.6 113 99 14.1
Other - 5 - 12 22 (45.5)
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Total Revenue $ 584 $ 527 10.8 $ 1,721 $ 1,579 9.0
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EBITDA
Core cable $ 246 $ 234 5.1 $ 735 $ 693 6.1
Primestar 4 3 33.3 12 7 71.4
Other (23) (13) 76.9 (60) (28) -
------------------- -------------------
Total EBITDA $ 227 $ 224 1.3 $ 687 $ 672 2.2
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EBITDA margins
Core cable 44.6% 46.2% 45.1% 45.5%
Primestar 13.8% 16.7% 15.4% 14.3%
Other Operating
& Financial
Highlights
Homes passed
(thousands) 8,449 8,247 2.4 8,449 8,247 2.4
Subscribers
(thousands):
Basic cable 4,943 4,833 2.3 4,943 4,833 2.3
Primestar 166 117 41.9 166 117 41.9
Basic pen. 58.5% 58.6% 58.5% 58.6%
Premium units
(thousands) 4,008 3,847 4.2 4,008 3,847 4.2
Premium/Basic 81.1% 79.6% 81.1% 79.6%
High speed data
cust. (actual) 12,994 - - 12,994 - -
Core cbl. mnly.
rev./avg. sub $ 37.84 $ 35.52 6.5 $ 37.50 $ 35.84 4.6
The 1996 amounts are pro forma as if the Continental
Cablevision merger occurred January 1, 1996.
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