According to the latest findings from specialist broadband, media and entertainment industries analyst firm Leichtman Research Group (LRG) the fourteen largest cable and telephone providers in the US – representing about 95 per cent of the market – acquired about 960,000 net additional high-speed Internet subscribers in Q1 2017.
These top broadband providers now account for 93.9 million subscribers – with top cable companies having 59.4 million broadband subscribers, and top telephone companies having 34.5 million subscribers.
Findings for the quarter include:
“With the addition of nearly one million subscribers in the quarter, the top cable and telco broadband providers in the US cumulatively now account for over 93.9 million subscribers in the US,” said Bruce Leichtman, president and principal analyst for LRG. “In the first quarter of 2017, the number of broadband subscribers surpassed the number of pay-TV subscribers in the US.”
|Broadband Providers||Subscribers at End
of Q1 2017
|Net Adds in
|Other Major Private Company^||4,830,000||40,000|
|Total Top Cable||59,445,327||1,003,519|
|Total Top Telco||34,475,353||(44,571)|
|Total Top Broadband||93,920,680||958,948|
Sources: The Companies and Leichtman Research Group, Inc.
* Altice adjusted Suddenlink totals from prior reported amounts to align with Optimum metrics
** Mediacom includes pro forma results from a small system acquisition in January 2017
^ Includes LRG estimate for Cox
Totals reflect pro forma results from system sales and acquisitions
Company subscriber counts may not solely represent residential households
Top cable and telephone companies represent approximately 95 per cent of all subscribers