Q3 Broadband Adds Dip 20%

LRG finds broadband additions in the third quarter of 2007 were 20 percent lower than last year

November 12, 2007

1 Min Read

DURHAM, N.H. -- Leichtman Research Group, Inc. (LRG) found that the nineteen largest cable and telephone providers in the US – representing about 94% of the market – acquired over 2.1 million net additional high-speed Internet subscribers in the third quarter of 2007, compared to 2.66 million in the third quarter of 2006. The top broadband providers now account for over 60 million subscribers – with cable companies having 32.6 million broadband subscribers, and telephone companies having over 27.5 million subscribers.

Other key findings for the quarter include:

  • The top cable and telephone providers essentially split the total net broadband additions in the quarter – this marks the first time in three years that cable has attained as many net additions as the telephone providers

  • The top broadband providers have gained 6.76 million net broadband additions so far this year – compared to 7.97 million through the first three quarters of 2006

  • The top cable broadband providers have a 54% share of the broadband market, with about a 5.1 million subscriber advantage over the telephone companies

    “Through the first three quarters of the year, net broadband additions are down 15 percent from last year’s record setting pace,” said Bruce Leichtman, president and principal analyst for Leichtman Research Group, Inc. “However, the top broadband providers are still on-track to add over nine million subscribers in 2007 – a total that is very respectable given the maturing state of the broadband market.”

    Leichtman Research Group Inc. (LRG)

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