Findings from analyst firm Leichtman Research Group indicate that the largest cable and telephone providers in the US – representing about 96 per cent of the market – acquired about 2.5 million net additional broadband Internet subscribers in 2019, compared to a pro forma gain of about 2.5 million subscribers in 2018.
These top broadband providers now account for about 101.2 million subscribers, with top cable companies having 68 million broadband subscribers, and top wireline phone companies having 33.2 million subscribers.
Key findings include:
“The top cable and Telco broadband providers in the US cumulatively added 2.5 million subscribers in 2019, and now account for 101.2 million subscribers,” said Bruce Leichtman, president and principal analyst for Leichtman Research Group, Inc. “The top broadband providers added 28.4 million net broadband subscribers over the past decade, with cable companies accounting for 97 per cent of the net broadband additions in the 2010s.”
|Broadband Providers||Subscribers at end of 4Q 2019||Net Adds in 2019|
|Total Top Cable||67,984,263||3,144,657|
|Total Top Telco||33,238,365||(619,605)|
|Total Top Broadband||101,222,628||2,525,052|
Sources: The Companies and Leichtman Research Group, Inc.
* LRG estimate
** Cable One total includes the acquisition of Fidelity Communications, and an LRG estimate of pro forma results
^ Frontier total for 4Q 2019 is an LRG estimate due to later year-end reporting
^^ TDS includes a small acquisition in 4Q 2019 (annual results are not pro forma adjusted)
Company subscriber counts may not solely represent residential households
Top cable and telephone companies represent approximately 96 per cent of all subscribers
Net additions reflect pro forma results from system sales and acquisitions, reporting adjustments, and the addition of new providers to the list – therefore, comparing totals in this release to prior releases will not produce accurate findings