U S West Reports Improved Results
US West Media Group on Tuesday reported a $94 million loss during the second quarter, a 21 percent improvement over the same period in 1996.
Second-quarter results came on revenues of $2.3 billion compared with $2 billion for the same period in 1996, amounting to a 15 percent increase.
Company officials attributed net losses for the quarter to the amortization of the purchase price of Continental Cablevision, with which it merged in Nov. 15, 1996.