1.3 Million Add Broadband in Q1

According to Leichtman Research Group, the 17 largest cable and telephone providers in the United States -- representing about 93% of the market -- acquired 1.3 million net additional high-speed Internet subscribers in the first quarter of 2012. These top 17 providers now account for nearly 80 million broadband subscribers, with top cable companies having more than 45.3 million of the total and top telcos having more than 34.6 million.

Other findings for the quarter:

  • Overall, broadband additions in 1Q 2012 amounted to 102% of those in 1Q 2011, with cable having 114% as many additions as a year ago and telcos 76% as many additions as a year ago.

  • The top cable companies added about 980,000 subscribers, representing 75% of the net broadband additions for the quarter vs. the top telcos.

  • Comcast (NASDAQ:CMCSA) added 439,000 broadband subscribers in 1Q 2012, the most in any quarter since 1Q 2008.

  • The top cable broadband providers have a 57% share of the overall market, with about 10.7 million more subscribers than the top telephone companies, compared to 8.9 million more a year ago.

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