260,000 Broadband Adds in Q2

According to the Leichtman Research Group, the 17 largest cable and telephone providers in the United States - representing about 93% of the market - acquired about 260,000 net additional high-speed Internet subscribers in the second quarter of 2012. Net broadband additions in the quarter were the fewest of any quarter in the 11 years LRG has been tracking the industry.

Other findings include:

  • Overall, broadband additions in 2Q 2012 amounted to 71% of those in 2Q 2011.

  • The top cable companies added about 330,000 subscribers, representing 114% as many additions as in 2Q 2011.

  • The top telephone companies lost about 70,000 subscribers, compared to a gain of about 80,000 in 2Q 2011.

  • AT&T and Verizon added 669,000 fiber subscribers in the quarter (via U-verse and FiOS), while having a net loss of 763,000 DSL subscribers.

  • Both AT&T and Verizon had fewer net broadband adds in Q2 2012 than in any previous quarter in the past 11 years.

  • The top cable broadband providers have a 57% share of the overall market, with nearly 11 million more subscribers than the top telephone companies, compared to about 9 million at this time a year ago.

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