According to findings from Leichtman Research Group (LRG), the fourteen largest cable and telephone providers in the US – representing about 95 per cent of the market – acquired about 2.7 million net additional high-speed Internet subscribers in 2016. Annual net broadband additions in 2016 were 87 per cent of the 3.1 million net adds in 2015.
These top broadband providers now account for nearly 92.9 million subscribers – with top cable companies having about 58.4 million broadband subscribers, and top telephone companies having 34.5 million subscribers.
Other broadband findings include:
“The top cable and Telco broadband providers in the US cumulatively now account for nearly 92.9 million subscribers in the US, and the industry continues to grow,” said Bruce Leichtman, president and principal analyst for LRG. “The top broadband providers added nearly 5.8 million net broadband subscribers over the past two years, with cable companies accounting for about 6.6 million net adds.”