A new report from the cable industry touts the sector’s economic impact in Maine, including 10 percent growth of the overall work force from 2006 to 2010 and investments of $289.4 million in capital projects.
According to the report, Maine’s cable companies employed 1,014 and supported another 1,700 jobs throughout the economy in 2010.
The study was done by the University of Massachusetts Donahue Institute and funded by the New England Cable & Telecommunications Association, a trade group. Cable companies that belong to the group and operate in Maine include Bee Line Cable, Comcast and Time Warner Cable.
“As Maine’s largest provider of cable and broadband services, Time Warner Cable continues to make significant capital investments to its network and workforce in Maine,” said Paul S. Schonewolf, Time Warner’s area vice president, in a release accompanying the report. “These investments include opening a new, state-of-the-art data center in downtown Portland; locating our regional Business Class technical support center in Maine; and expanding cable and broadband services to thousands of rural customers throughout the Pine Tree State.”
The study noted that since 2005, the number of high-speed cable broadband lines in Maine have increased at the fastest rate in New England, from 132,000 to 238,000 in 2009.
And in the 2006-2010 period, companies in the industry paid $25 million in state and local taxes and $9.4 million in franchise fees, the study said, and donated $1.6 million in cable and broadband services to schools, libraries and governments.