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Leichtman Research Group (LRG) has found that the fourteen largest cable and telephone providers in the US – representing about 95 per cent of the market – acquired about 625,000 net additional high-speed Internet subscribers in Q3 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:
“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,” said Bruce Leichtman, president and principal analyst for LRG. “Over the past year, cable companies added more than 3.5 million broadband subscribers, accounting for 118 per cent of the 2.995 million net broadband additions.”