US: 2.7m broadband additions
March 17, 2017
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 companies netted 122 per cent of the broadband additions in 2016 – compared to 106 per cent in 2015, and 89 per cent in 2014
- The top cable companies added 3.3 million broadband subscribers in 2016 – similar to the gains in 2015, and the most net adds in any year since 2007
- The top telephone companies lost about 600,000 subscribers in 2016 – compared to a loss of about 185,000 subscribers in 2015
- In 4Q 2016, the top broadband providers added about 735,000 subscribers – compared to about 1,030,000 in 4Q 2015
- The top cable companies added about 855,000 subscribers in 4Q 2016, while Telcos lost about 120,000 subscribers
“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.”