About 230,000 Added Broadband in 2Q 2017

DURHAM, NH — Leichtman Research Group (LRG), a provider of research and analysis on the broadband industry, found that the fourteen largest cable and telephone providers in the US, representing about 95 percent of the market, acquired about 230,000 net additional high-speed Internet subscribers in 2Q 2017.

These top broadband providers now account for over 94.1 million subscribers with top cable companies having 59.9 million broadband subscribers, and top telephone companies having 34.2 million subscribers.

Findings for the quarter include:

  • Overall, broadband additions in 2Q 2017 were 107 percent of those in 2Q 2016

  • The top cable companies added about 460,000 subscribers in 2Q 2017 -- 84 percent of the net additions for the top cable companies in 2Q 2016

  • The top telephone companies lost about 230,000 subscribers in 2Q 2017 -- compared to a loss of about 340,000 broadband subscribers in 2Q 2016

  • Each of the top Telco providers had net broadband losses in 2Q 2017

  • Over the past year, there were about 2,550,000 net broadband adds -- compared to about 3,000,000 over the prior year

"Cable companies added about 3.1 million broadband subscribers over the past year, while Telcos had net losses of about 550,000 broadband subscribers," said Bruce Leichtman, president and principal analyst for Leichtman Research Group, Inc. "At the end 2Q 2017, cable had a 64 percent market share vs. 36 percent for Telcos. The broadband market share for cable is now at the highest level it has been since the first quarter of 2004."

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