Other findings for the quarter indicate:
- Overall, broadband additions in 1Q 2015 were similar to those in 1Q 2014.
- The top cable companies accounted for 86% of the net broadband additions for the quarter vs. the top telephone companies.
- The top cable companies added more than 1 million broadband subscribers in 1Q 2015, representing 104% of the net additions for the top cable companies in 1Q 2014.
- The top telephone companies added about 160,000 subscribers, 81% of the total net additions for the top telephone companies in 1Q 2014.
- AT&T (NYSE:T) and Verizon (NYSE:VZ) added 573,000 subscribers via U-verse and FiOS in 1Q 2015, while having a net loss of 463,000 DSL subscribers. U-verse and FiOS broadband subscribers now account for 54% of telco broadband subscribers, compared to 40% two years ago.
- The top cable broadband providers now have a 60% share of the market vs. telcos for the first time since 2Q 2005.
- Over the past year, there were about 3 million net broadband adds, compared to about 2,700,000 over the prior year
"This was the first quarter with over a million net broadband adds for cable since 1Q 2008," wrote Bruce Leichtman, president and principal analyst for LRG. "Cable also accounted for 90% of the 3 million broadband additions over the past year, growing their market share vs. telcos back to 60% for the first time in nearly a decade."