Bruce Leichtman, president and principal analyst for Leichtman Research Group, Inc.
Leichtman Research Group, Inc. (LRG) found that the fourteen largest cable and telephone providers in the US -representing about 95% of the market- acquired about 625,000 net additional high-speed Internet subscribers in 3Q 2016.
These top broadband providers now account for 92.5 million subscribers -with top cable companies having 57.8 million broadband subscribers, and top phone companies having 34.7 million subscribers.
Other broadband findings for the quarter include:
-Overall, broadband additions in 3Q 2016 were 99% of those in 3Q 2015
The top cable companies added about 775,000 subscribers in 3Q 2016 — 99% of the net additions for the top cable companies in 3Q 2015
-The top phone companies lost about 150,000 broadband subscribers in 3Q 2016 -similar to the loss of about 145,000 in 3Q 2015. Telco providers have had net broadband losses in five of the past six quarters
-In the first three quarters of 2016, cable companies added about 2,440,000 broadband subscribers, while Telcos lost about 475,000 subscribers
“While major providers now account for nearly 92.5 million broadband subscribers in the US, the broadband market continues to expand with top cable providers driving the growth. Over the past year, cable companies added more than 3.5 million broadband subscribers, accounting for 118% of the 2.995 million net broadband additions.” said Bruce Leichtman, president and principal analyst for Leichtman Research Group, Inc.
Leichtman Research Group: Mayor pay-TV providers lost about 665,000 subs in 2Q 2016
Leichtman Research Group: Pay-TV subscribers outpaced by rental housing growth in the US
Pay-TV rates are rising in 2012 according to Leichtman Research Group
