Phone Companies Grabbed Most of New Broadband Subscribers Last Quarter
Phone Companies Grabbed Most of New Broadband Subscribers Last Quarter
According to a new study by Leichtman Research Group, the nineteen largest cable and telephone providers in the US, representing about 94% of the market acquired over 1.7 million net additional high-speed Internet subscribers in the second quarter of 2007. The top broadband providers now account for nearly 58 million subscribers, with cable companies having 31.5 million, and telephone companies over 26.4 million.
Additional key findings for the quarter include:
- Total broadband additions were the fewest since the second quarter of 2004, and about 400,000 less than in the second quarter of last year
- Charter was the only major broadband provider to record significantly more net broadband additions in the second quarter than a year ago
- The top telephone companies added about 925,000 subscribers, representing 54% of the net broadband additions for the quarter
- The top cable broadband providers have a 54% share of the broadband market, with about a 5.1 million subscriber advantage over the telephone companies
| Broadband Internet Subscribers Through June, 2007 | ||
|
| Subscribers at end of 2Q 2007 | Net Adds in 2Q 2007 |
| Cable Companies | ||
| Comcast | 12,380,000 | 330,000 |
| Time Warner | 7,188,000 | 188,000 |
| Cox* | 3,545,000 | 60,000 |
| Charter | 2,583,200 | 60,300 |
| Cablevision | 2,168,000 | 50,000 |
| Insight | 674,900 | 18,900 |
| Mediacom | 613,000 | 13,000 |
| Cable One | 316,357 | 8,268 |
| RCN | 270,000 | 5,000 |
| Other major private cable companies | 1,780,000 | 60,000 |
| Total Top Cable | 31,518,457 | 793,468 |
|
| ||
| Telephone Companies | ||
| AT&T | 13,253,000 | 398,000 |
| Verizon | 7,686,000 | 288,000 |
| Qwest | 2,405,000 | 100,000 |
| Embarq | 1,156,000 | 52,000 |
| Windstream | 752,600 | 37,200 |
| CenturyTel | 500,000 | 30,000 |
| Citizens | 479,317 | 15,262 |
| Cincinnati Bell | 211,800 | 4,200 |
| Total Top Telephone Companies | 26,443,717 | 924,662 |
|
| ||
| Total Broadband | 57,962,174 | 1,718,130 |
| Sources: The Companies and Leichtman Research Group, Inc. | ||
Bruce Leichtman, president and principal analyst for Leichtman Research Group, Inc., said "While net broadband additions may be beginning to wane slightly, tens of millions of consumers will add high-speed Internet over the next few years.... "
For more information about LRG, please go here.
JACK LOECHNER
Center for Media Research
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