US Cable adds more broadband subs than telcos

Leichtman Research Group has reported that the nineteen largest cable and telephone providers in the US – representing about 94 per cent of the market – acquired 2.2 million net additional high-speed Internet subscribers in the first quarter of 2008. The top broadband providers now account for 64.1 million subscribers with cable companies having about 34.7 million broadband subscribers, and telephone companies having about 29.5 million subscribers.

The top cable companies added 1.2 million subscribers, representing 54 per cent of the net broadband additions for the quarter versus the top telephone companies

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