580,000 Broadband Subs Added in Q3 2018
New findings from Leichtman Research Group, Inc. show that the largest US broadband providers gained around 580,000 subscribers in Q3, about 50% more than the pro forma gain of 390,000 in Q3 2017. According to principal analyst, Bruce Leichtman, this is the first year since 2014 that saw year-to-year quarterly broadband subscriber growth in a third quarter.
Additional findings include:
- Top cable providers (Comcast, Charter, Cox, Altice, Mediacom, WOW!, and Cable ONE) gained 730,000 broadband subs in Q3. These companies have 63.6 million broadband subscribers.
- Top phone companies ( AT&T, Verizon, CenturyLink, Frontier, Windstream, Consolidated, and Cincinnati Bell) lost 150,000 broadband subs in Q3. These companies have 34.1 million broadband subscribers.
- The aforementioned cable and phone companies represent 95% of the US market.
- Cable companies added over 2.1 million broadband subscribers in the first three quarters of 2018 while Telcos lost about 325,000 subscribers.
To see broadband subscribers by company, click here.