Findings from analysis firm Leichtman Research Group indicate that the largest cable and telephone providers in the US – representing about 95 per cent of the market – acquired about 945,000 net additional broadband Internet subscribers in Q1 2019, compared to a pro forma gain of about 815,000 subscribers in Q1 2018.
These top broadband providers now account for 98.7 million subscribers, with top cable companies having 65.3 million broadband subscribers, and top telephone companies having 33.4 million subscribers.
Findings for the quarter include:
“With the addition of 945,000 subscribers in the quarter, top broadband providers in the U.S. cumulatively now account for about 98.7 million subscribers,” said Bruce Leichtman, president and principal analyst for Leichtman Research Group. “Over the past year, there were about 2,595,000 net broadband adds, compared to about 2,000,000 net adds over the prior year.”
|Broadband Providers||Subscribers at end of Q1 2019||Net Adds in Q1 2019|
|Total Top Cable||65,271,285||925,511|
|Total Top Telco||33,452,820||18,250|
|Total Top Broadband||98,724,105||943,761|
Sources: The Companies and Leichtman Research Group, Inc.