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US Cable Dominates Broadband Sub Gains in Hot Q2

Top MSOs added 585,000 broadband subs in period as the telcos shed 130,000.

August 14, 2018

1 Min Read

Durham, NH — Leichtman Research Group, Inc. (LRG) found that the largest cable and telephone providers in the U.S. – representing about 95% of the market – acquired about 455,000 net additional broadband Internet subscribers in 2Q 2018, compared to a pro forma gain of about 235,000 subscribers in 2Q 2017.

These top broadband providers now account for 97.1 million subscribers – with top cable companies having 62.9 million broadband subscribers, and top telephone companies having 34.2 million subscribers.

Findings for the quarter include:

  • The top cable companies added about 585,000 subscribers in 2Q 2018 – compared to about 465,000 net adds in 2Q 2017

  • The top telephone companies lost about 130,000 subscribers in 2Q 2018 – compared to a net loss of about 230,000 subscribers in 2Q 2017

  • Telcos have had net broadband losses in each of the past nine quarters

  • Over the past year, there were about 2,180,000 net broadband adds – compared to about 2,500,000 over the prior year

“The broadband industry added nearly twice as many subscribers in 2Q 2018 as in last year’s second quarter,” said Bruce Leichtman, president and principal analyst for Leichtman Research Group, Inc. “This quarter marked the first year-to-year quarterly broadband increase since 2Q 2016.”

Leichtman Research Group Inc. (LRG)

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