Ascent Capital Group Reports Q1 Earnings
The Monitronics holding company said it delivered meaningful improvements in dealer economics through reductions in creation costs.
The Monitronics holding company said it delivered meaningful improvements in dealer economics through reductions in creation costs.
During an earnings conference call, Jeff Gardner discussed the company’s strategies for upgrading 2G customers, as well as its ongoing battle to reduce its problematic attrition rate.
Advanced panel and related devices to be sold through monitoring specialist’s 600+ dealers.
The third-party central station worked with five CRM providers to seamlessly integrate the account creation process into their systems.
The independent distributor offers more than 8,500 SKU’s from more than 120 manufacturers in the audio, video and custom installation categories.
Monitronics will provide sales, installation and tech support; CCI will market and advertise Monitronics.
Ascent Captial revenue increased 4.2% in the fourth quarter and 4.4% for the full year.
Monitronics is ‘committed to giving our customers and dealers the best technology options available.’
Capital Connect is one of five alarm dealers for Monitronics Int’l that ADT recently sued for misleading customers into believing the companies were affiliated with ADT or their alarm systems required upgrading.
The company also used the occasion to present a donation of $10,000 to Rotary Clubs from Farmers Branch and the adjacent city of Carrollton for construction of a new community playground.