Exhibit 99.1

For Immediate Release

Mediacom Broadband LLC and Mediacom LLC Report

Results for Second Quarter 2016

Mediacom Park, NY – August 2, 2016 – MEDIACOM BROADBAND LLC AND MEDIACOM LLC, wholly-owned subsidiaries of Mediacom Communications Corporation, today each reported unaudited financial and operating highlights for the three months ended June 30, 2016.

Mediacom Broadband LLC*

•

Revenues were $256.4 million, reflecting a 4.2% increase from the prior year period

•

Operating income was $62.5 million, reflecting a 5.4% increase from the prior year period

•

Operating income before depreciation and amortization (“OIBDA”) was $98.1 million, reflecting a 3.0% increase from the prior year period

•

Net cash flows provided by operating activities were $75.1 million, compared to $69.4 million in the prior year period

•

Free cash flow of $30.1 million, compared to $27.8 million in the prior year period

•

Net quarterly increase of 5,000 primary service units (“PSUs”), compared to a net quarterly decline of 1,000 PSUs in the prior year period

Mediacom LLC*

•

Revenues were $194.5 million, reflecting a 4.8% increase from the prior year period

•

Operating income was $44.0 million, reflecting a 7.5% increase from the prior year period

•

Adjusted OIBDA was $79.1 million, reflecting a 5.0% increase from the prior year period

•

Net cash flows provided by operating activities were $79.2 million, compared to $59.3 million in the prior year period

•

Free cash flow of $25.5 million, compared to $24.1 million in the prior year period

•

Net quarterly increase of 8,000 PSUs, compared to a net quarterly increase of 3,000 PSUs in the prior year period

About Mediacom

Mediacom Communications Corporation is the 5th largest cable operator in the U.S. serving over 1.3 million customers in smaller markets primarily in the Midwest and Southeast through its wholly-owned subsidiaries, Mediacom Broadband LLC and Mediacom LLC. Mediacom offers a wide array of information, communications and entertainment services to households and businesses, including video, high-speed data, phone, and home security and automation. Through Mediacom Business, the company provides innovative broadband solutions to commercial and public sector customers of all sizes, and sells advertising and production services under the OnMedia brand. More information about Mediacom is available at www.mediacomcc.com.

*	OIBDA, Adjusted OIBDA and free cash flow are defined under “Use of Non-GAAP Financial Measures” in Table 7 and are reconciled to operating income and net cash flows provided by operating activities in Tables 3 and 4.

TABLE 1*

Mediacom Broadband LLC

Selected Financial and Operating Data

(Dollars in thousands, except per unit data)

(Unaudited)


	Three Months Ended June 30,
	2016			2015			YoY% Change
Video	$	114,148		$	115,310			(1.0%)
High-speed data		82,307			73,095			12.6%
Phone		14,655			15,260			(4.0%)
Business services		34,950			31,819			9.8%
Advertising		10,308			10,648			(3.2%)

Total revenues	$	256,368		$	246,132			4.2%
Service costs		(105,413	)		(101,305	)		4.1%
SG&A expenses		(48,133	)		(44,863	)		7.3%
Management fees		(4,750	)		(4,750	)		—

OIBDA ^(a)	$	98,072		$	95,214			3.0%
Cash interest expense ^(a)		(18,461	)		(22,094	)		(16.4%)
Capital expenditures ^(b)		(45,013	)		(40,820	)		10.3%
Dividend to preferred members		(4,500	)		(4,500	)		—

Free cash flow ^(a)	$	30,098		$	27,800			8.3%


OIBDA margin ^(c)		38.3	%		38.7	%

	June 30, 2016			June 30, 2015			YoY% Change
Video customers		472,000			494,000			(4.5%)
High-speed data (“HSD”) customers		628,000			585,000			7.4%
Phone customers		250,000			228,000			9.6%

Primary service units (“PSUs”)		1,350,000			1,307,000			3.3%

Video customer declines		(7,000	)		(8,000	)
HSD customer increases		7,000			4,000
Phone customer increases		5,000			3,000

Quarterly PSU increases (declines)		5,000			(1,000	)

Customer relationships ^(d)		741,000			723,000			2.5%

Average total monthly revenue per:
PSU ^(e)	$	63.42		$	62.75			1.1%
Customer relationship ^(f)	$	115.40		$	113.79			1.4%

	June 30, 2016			June 30, 2015
Bank credit facility	$	1,188,000		$	1,397,000
5¹/₂% senior notes due 2021		200,000			200,000
6³/₈% senior notes due 2023		300,000			300,000

Total debt ^(g)	$	1,688,000		$	1,897,000

Total leverage ratio ^(h)		4.30x			4.98x
Interest coverage ratio ⁽ⁱ⁾		5.31x			4.31x

See Table 3 for reconciliations of OIBDA to operating income, cash interest expense to interest expense, net, and free cash flow to net cash flows from operating activities. See Table 5 for a breakout of capital expenditures. See footnotes on Page 7, which contain important disclosures regarding the definitions used for selected unaudited financial and operating data.

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TABLE 2*

Mediacom LLC

Selected Financial and Operating Data

(Dollars in thousands, except per unit data)

(Unaudited)


	Three Months Ended June 30,
	2016			2015			YoY% Change
Video	$	89,109		$	88,865		0.3%
High-speed data		67,050			59,500		12.7%
Phone		12,926			13,448		(3.9%)
Business services		22,417			20,032		11.9%
Advertising		2,951			3,774		(21.8%)

Total revenues	$	194,453		$	185,619		4.8%
Service costs		(85,193	)		(81,376	)	4.7%
SG&A expenses		(31,407	)		(30,139	)	4.2%
Management fees		(3,250	)		(3,250	)	—

OIBDA ^(a)	$	74,603		$	70,854		5.3%
Investment income from affiliate		4,500			4,500		—

Adjusted OIBDA ^(a)	$	79,103		$	75,354		5.0%
Cash interest expense ^(a)		(12,299	)		(15,180	)	(19.0%)
Capital expenditures ^(b)		(41,340	)		(36,030	)	14.7%

Free cash flow ^(a)	$	25,464		$	24,144		5.5%


Adjusted OIBDA margin ⁽ⁱ⁾		40.7	%		40.6	%

	June 30, 2016			June 30, 2015			YoY% Change
Video customers		370,000			385,000		(3.9%)
High-speed data (“HSD”) customers		500,000			466,000		7.3%
Phone customers		204,000			187,000		9.1%

Primary service units (“PSUs”)		1,074,000			1,038,000		3.5%

Video customer declines		(4,000	)		(4,000	)
HSD customer increases		7,000			6,000
Phone customer increases		5,000			1,000

Quarterly PSU increases		8,000			3,000

Customer relationships ^(d)		595,000			581,000		2.4%

Average total monthly revenue per:
PSU ^(e)	$	60.58		$	59.69		1.5%
Customer relationship ^(f)	$	109.12		$	106.77		2.2%

	June 30, 2016			June 30, 2015
Bank credit facility	$	957,000		$	968,000
7¹/₄% senior notes due 2022		250,000			250,000

Total debt ^(g)	$	1,207,000		$	1,218,000

Total leverage ratio ^(h)		3.81x			4.04x
Interest coverage ratio ⁽ⁱ⁾		6.43x			4.96x

See Table 4 for reconciliations of OIBDA and Adjusted OIBDA to operating income, cash interest expense to interest expense, net, and free cash flow to net cash flows from operating activities. See Table 6 for a breakout of capital expenditures. See footnotes on Page 7, which contain important disclosures regarding the definitions used for selected unaudited financial and operating data.

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TABLE 3

Mediacom Broadband LLC

Reconciliation of Non-GAAP Measures

(Dollars in thousands)

(Unaudited)


	Three Months Ended June 30,
	2016			2015
Free cash flow	$	30,098		$	27,800
Capital expenditures		45,013			40,820
Dividend to preferred members		4,500			4,500
Other expense, net		(445	)		(318	)
Changes in assets and liabilities, net		(4,078	)		(3,420	)

Net cash flows provided by operating activities	$	75,088		$	69,382


OIBDA	$	98,072		$	95,214
Depreciation and amortization		(35,575	)		(35,933	)

Operating income	$	62,497		$	59,281


Cash interest expense	$	18,461		$	22,094
Amortization of deferred financing costs		1,413			1,739

Interest expense, net	$	19,874		$	23,833

TABLE 4

Mediacom LLC

Reconciliation of Non-GAAP Measures

(Dollars in thousands)

(Unaudited)


	Three Months Ended June 30,
	2016			2015
Free cash flow	$	25,464		$	24,144
Capital expenditures		41,340			36,030
Other expense, net		(374	)		(269	)
Changes in assets and liabilities, net		12,798			(570	)

Net cash flows provided by operating activities	$	79,228		$	59,335


Adjusted OIBDA	$	79,103		$	75,354
Investment income from affiliate		(4,500	)		(4,500	)

OIBDA	$	74,603		$	70,854
Depreciation and amortization		(30,610	)		(29,927	)

Operating income	$	43,993		$	40,927


Cash interest expense	$	12,299		$	15,180
Amortization of deferred financing costs		706			723

Interest expense, net	$	13,005		$	15,903

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TABLE 5

Mediacom Broadband LLC

Capital Expenditures

(Dollars in thousands)

(Unaudited)


	Three Months Ended June 30,
	2016		2015
Customer premise equipment	$	20,041	$	18,511
Enterprise networks		3,046		2,315
Scalable infrastructure		8,357		7,003
Line extensions		4,238		1,573
Upgrade / rebuild		5,936		6,831
Support capital		3,395		4,587

Total capital expenditures	$	45,013	$	40,820

TABLE 6

Mediacom LLC

Capital Expenditures

(Dollars in thousands)

(Unaudited)


	Three Months Ended June 30,
	2016		2015
Customer premise equipment	$	18,002	$	16,706
Enterprise networks		1,831		2,143
Scalable infrastructure		8,094		5,187
Line extensions		2,910		2,156
Upgrade / rebuild		7,126		7,058
Support capital		3,377		2,780

Total capital expenditures	$	41,340	$	36,030

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TABLE 7

Use of Non-GAAP Financial Measures

“OIBDA,” “Adjusted OIBDA,” “cash interest expense” and “free cash flow” are not financial measures calculated in accordance with generally accepted accounting principles (“GAAP”) in the United States. We define OIBDA as operating income before depreciation and amortization and Adjusted OIBDA as OIBDA plus investment income from affiliate. We define cash interest expense as interest expense, net, less amortization of deferred financing costs. For Mediacom Broadband LLC, we define free cash flow as OIBDA less capital expenditures, cash interest expense and dividends to preferred members. For Mediacom LLC, we define free cash flow as Adjusted OIBDA less capital expenditures and cash interest expense. OIBDA, Adjusted OIBDA, cash interest expense and free cash flow have inherent limitations as discussed below.

OIBDA and Adjusted OIBDA are some of the primary measures used by management to evaluate our performance and to forecast future results. We believe OIBDA and Adjusted OIBDA are useful for investors because they enable them to assess our performance in a manner similar to the methods used by management, and provide measures that can be used to analyze our value and evaluate our performance compared to other companies in the cable industry. A limitation of OIBDA and Adjusted OIBDA, however, is that they exclude depreciation and amortization, which represents the periodic costs of certain capitalized tangible and intangible assets used in generating revenues in our business. Management utilizes a separate process to budget, measure and evaluate capital expenditures. OIBDA and Adjusted OIBDA may not be comparable to similarly titled measures used by other companies, which may have different depreciation and amortization policies, and are key components in our covenant calculations.

Free cash flow is used by management to evaluate our ability to repay debt and facilitate the growth of our business with internally generated funds. A limitation of free cash flow, however, is that it may be affected by the timing of our capital spending. We believe free cash flow is useful for investors as it provides an additional measure that can be used to analyze our value and evaluate our performance compared to other companies in the cable industry. Free cash flow may not be comparable to similarly titled measures reported by other companies.

OIBDA, Adjusted OIBDA and free cash flow should not be regarded as alternatives to operating income or net income as indicators of operating performance, or to the statement of cash flows as measures of liquidity, nor should they be considered in isolation or as substitutes for financial measures prepared in accordance with GAAP. We believe that operating income is the most directly comparable GAAP financial measure to OIBDA and Adjusted OIBDA, and that net cash flows provided by operating activities is the most directly comparable GAAP financial measure to free cash flow.

Cash interest expense excludes the amortization of financing costs which were paid upon the financing of the relevant debt. We believe cash interest expense is useful for investors because it enables them to assess our cost of debt for the current period without including the amortization of financing costs that were previously paid. We believe interest expense, net, is the most directly comparable GAAP financial measure to cash interest expense.

For reconciliations of OIBDA, Adjusted OIBDA, cash interest expense and free cash flow to their most directly comparable GAAP financial measures, see Tables 3 and 4.

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Cautionary Statement Regarding Forward-Looking Statements

This press release may contain statements that constitute forward-looking statements, including statements regarding our beliefs with respect to future events and our future financial performance. These forward-looking statements are not guarantees of future performance or results, and are subject to risks and uncertainties that could cause actual results to differ materially from historical results or those we anticipate as a result of various factors, many of which are beyond our control. Significant factors that may cause such differences to occur include, but are not limited to: increased levels of competition; greater than anticipated programming and other service costs; our ability to generate sufficient cash flow to meet our debt service obligations; and other risks and uncertainties discussed in the most recent Annual Reports on Form 10-K for each of Mediacom Broadband LLC and Mediacom LLC. We disclaim any obligation to update any forward-looking statements contained herein, except as required by applicable federal securities laws.

FOOTNOTES:

(a)	See Table 7 for information about our use of Non-GAAP financial measures.

(b)

Capital expenditures exclude changes in accrued property, plant and equipment, which represented a cash use of $2.7 million and a cash source of $3.7 million at Mediacom Broadband LLC and Mediacom LLC, respectively, during the three months ended June 30, 2016, and cash sources of $2.3 million and $2.9 million at Mediacom Broadband LLC and Mediacom LLC, respectively, during the three months ended June 30, 2015.

(c)	Represents OIBDA as a percentage of total revenues.

(d)	Represents the total number of customers that receive at least one service, without regard to which service(s) customers purchase.

(e)	Represents average total monthly revenues for the quarter divided by average PSUs for such quarter.

(f)	Represents average total monthly revenues for the quarter divided by average customer relationships for such quarter.

(g)	Total debt excludes the effect of deferred financing costs, net.

(h)	For Mediacom Broadband LLC, represents total debt at quarter end divided by annualized OIBDA for the quarter. For Mediacom LLC, represents total debt at quarter end divided by annualized Adjusted OIBDA for the quarter.

(i)	For Mediacom Broadband LLC, represents OIBDA divided by cash interest expense for the quarter. For Mediacom LLC, represents Adjusted OIBDA divided by cash interest expense for the quarter.

(j)	Represents Adjusted OIBDA as a percentage of total revenues.

Contacts:


*Investor Relations*		*Media Relations*

Jack P. Griffin		Thomas J. Larsen
Vice President, Corporate Finance		Senior Vice President, Government and Public Relations
(845) 443-2654		(845) 443-2754

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MEDIACOM LLC 8-K