350k Add High-Speed Internet in 2Q

According to Leichtman Research Group, the 18 largest cable and telephone providers in the United States -- representing about 93% of the market -- acquired about 350,000 net additional high-speed Internet subscribers in the second quarter of 2011. Net broadband...

According to Leichtman Research Group, the 18 largest cable and telephone providers in the United States -- representing about 93% of the market -- acquired about 350,000 net additional high-speed Internet subscribers in the second quarter of 2011. Net broadband additions in the quarter were the second fewest of any quarter in the 10 years LRG has been tracking the industry.

The biggest gains were posted by Comcast (144,000, for a total of 17,550,000), Time Warner Cable (67,000, for a total of 10,062,000) and Verizon (62,000, for a total of 8,552,000). Service providers posting losses included AT&T (12,000, for a total of 16,473,000), Suddenlink (4,600, for a total of 914,200) and Cincinnati Bell (600, for a total of 257,900). Other findings include:



  • Overall, broadband additions in 2Q 2011 amounted to 108% of those in 2Q 2010.


  • The top cable operators accounted for 77% of the net broadband additions for the quarter vs. the top telcos.


  • The top phone companies added about 80,000 subscribers during the quarter, compared to a net loss of 10,000 subscribers in 2Q 2010.


  • AT&T and Verizon added 628,000 fiber subscribers in the quarter (via U-verse and FiOS), while having a net loss of 578,000 DSL subscribers.


  • The top cable companies added more than 270,000 broadband subscribers in the quarter, about 81% of the additions during the same quarter of a year ago.


  • The top cable operators have a 56% share of the overall market, with 8.9 million more subscribers than the top telcos, compared to 7.85 million this time a year ago.


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