Telcos Edge Cable in Q2 Broadband Battle
News Analysis Alan Breznick, Cable/Video Practice Leader, Light Reading 9/14/2006
For at least the seventh time in the past nine quarters, the telcos outgunned the cable guys as both industries turned in strong performances, collectively signing up nearly 2.3 million more Americans for high-speed Internet service. The nation's largest phone companies added nearly an estimated 1.17 million broadband subscribers in the second quarter, compared to about 1.07 million customers for the biggest MSOs.
As a result, the Bells continued to nibble away at the cable industry's broadband dominance, further slicing cable's once commanding lead in the market. But, thanks to its strong headstart earlier in the decade, cable retains a sizable edge over the telcos as broadband penetration approaches 45 percent of all U.S. homes.
Get all the details at Cable Digital News. — Alan Breznick, Site Editor, Cable Digital News