Top Broadband Providers Surpass 100 Million Subscribers

  • Leichtman Research Group (LRG)

DURHAM, NH — The largest cable and telephone providers in the U.S. – representing about 96% of the market – acquired about 605,000 net additional broadband internet subscribers in 3Q 2019, compared to a pro forma gain of about 600,000 subscribers in 3Q 2018, according to Leichtman Research Group (LRG).

These top broadband providers now account for about 100.6 million subscribers, with top cable companies having 67.1 million broadband subscribers, and top telephone companies having 33.5 million subscribers.

Findings for the quarter include:

  • Overall, broadband additions in 3Q 2019 were 101% of those in 3Q 2018
  • The top cable companies added about 830,000 subscribers in 3Q 2019 – 114% of the net adds for the top cable companies in 3Q 2018
  • The top telephone companies had a net loss of about 225,000 subscribers in 3Q 2019 – more net losses than in any quarter except 2Q 2016
  • At the end 3Q 2019, cable had a 67% market share vs. 33% for Telcos – compared to 64% cable vs. 36% Telco at the end of 3Q 2017

“With the addition of 605,000 subscribers in the quarter, the top broadband Internet providers in the U.S. cumulatively account for over 100 million subscribers for the first time ever,” said Bruce Leichtman, president and principal analyst for Leichtman Research Group, Inc.  “These top providers had about 5 million net broadband additions over the past two years, with top cable companies adding about 5.9 million broadband subscribers, and top Telcos having a net loss of about 950,000 subscribers.”

Broadband Providers Subscribers at end of 3Q 2019 Net Adds in 3Q 2019
Cable Companies    
Comcast 28,186,000 379,000
Charter 26,325,000 380,000
Cox* 5,145,000 25,000
Altice** 4,180,300 14,900
Mediacom 1,316,000 13,000
WOW (WideOpenWest) 773,900 10,200
Cable ONE 689,138 7,376
Atlantic Broadband 446,137 2,441
Total Top Cable 67,061,475 831,917
Phone Companies    
AT&T 15,575,000 (123,000)
Verizon 6,961,000 (7,000)
CenturyLink 4,714,000 (36,000)
Frontier 3,555,000 (71,000)
Windstream 1,040,000 5,700
Consolidated 784,151 1,143
TDS^ 437,700 4,300
Cincinnati Bell 425,100 (400)
Total Top Telco 33,491,951 (226,257)
Total Top Broadband 100,553,426 605,660
Sources: The Companies and Leichtman Research Group, Inc.

*     LRG estimate

**   Altice adjusted subscriber totals for quarters prior to 3Q 2019

^    TDS includes 262,800 wireline broadband subscribers, and 174,900 cable broadband subscribers

 

 

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