Cablevision 2012 Annual Report Download - page 26

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Employees and Labor Relations
As of December 31, 2012, we had 16,433 full-time, 1,570 part-time and 886 temporary employees of
which 547, 573 and 22, respectively, were covered under collective bargaining agreements. We believe
that our relations with employees are satisfactory.
Approximately 258 of the Company's technician workforce, primarily in Brooklyn, New York are
represented by the Communication Workers of America. As of December 31, 2012, these employees
were not covered by a collective bargaining agreement.
Available Information and Website
We make available free of charge, through our investor relations section at our website,
http://www.cablevision.com/investor/index.jsp, our Annual Report on Form 10-K, Quarterly Reports on
Form 10-Q and our Current Reports on Form 8-K reports and all amendments to those reports as soon as
reasonably practicable after such material is electronically filed with or furnished to the U.S. Securities
and Exchange Commission ("SEC").
The public may read and copy any materials the Company files with the SEC at the SEC's Public
Reference Room at 100 F Street, N.E., Washington, DC 20549. In addition, the public may obtain
information on the operation of the Public Reference Room by calling the SEC at 1-800-SEC-0330. The
SEC maintains an Internet site that contains reports, proxy and information statements, and other
information regarding issuers that file electronically with the SEC at its web site http://www.sec.gov.
Item 1A. Risk Factors
Our financial performance may be harmed by the significant and credible risks of competition in our
Telecommunications Services segment.
Competition has adversely affected our business and financial results and may continue to do so.
Competition may adversely affect our ability to service our debt. This risk is heightened by the rapid
technological change inherent in our business and the need to acquire, develop and adopt new technology
to differentiate our products and services from our competitors. We may need to anticipate far in advance
which technology we should use for the development of new products and services or the enhancement of
existing products and services. In addition, changes in the regulatory and legislative environments may
result in changes to the competitive landscape.
In our New York metropolitan service area, we face intense competition from two incumbent telephone
companies, Verizon and AT&T, which offer video programming in addition to their voice and high-speed
Internet access services, and compete across all of our telecommunications products. Verizon has
constructed fiber to the home network plant that passes a significant number of households in our New
York metropolitan service area. Verizon does not publicly report the extent of their build-out or
penetration by area. We estimate that Verizon passes approximately half of the households in our New
York metropolitan service area. Verizon's passings in our service area are difficult to assess because they
are based upon visual inspections and other limited estimating techniques, and therefore our estimate
serves only as an approximation. Verizon has obtained authority to provide video service for a majority
of these homes passed, on a statewide basis in New Jersey, in numerous local franchises in New York
State, including all of New York City, and in a small portion of Connecticut. AT&T offers video service
in competition with us in most of our Connecticut service area. Each of these companies has significantly
greater financial resources than we do. The attractive demographics of our New York metropolitan
service territory make this region a desirable location for investment in video distribution technologies by
these companies. Verizon has made and may continue to make promotional offers to customers in our
New York metropolitan service area at prices lower than ours. This intense competition affects our
ability to add or retain customers and creates pressure upon our pricing of telecommunications services