According to the Leichtman Research Group, the seventeen largest cable and telephone providers in the US – representing about 95 per cent of the market – acquired nearly 1.1 million net additional high-speed Internet subscribers in Q1 2016. These top broadband providers now account for over 91.5 million subscribers — with top cable companies having 56.3 million broadband subscribers, and top phone companies having 35.2 million subscribers.
Other broadband findings for the quarter include:
“Cable companies had another strong quarter for broadband in 1Q 2016, adding over one million subscribers in the quarter. This marks the third time in the past five quarters that cable companies have added over a million net broadband subscribers,” said Bruce Leichtman, president and principal analyst for Leichtman Research Group. “Broadband in the US continues to grow, with cable providers accounting for 111 per cent of the three million net broadband additions over the past year.”