First Quarter Sees Almost Three Million New High-Speed Internet Subscribers
According to Leichtman Research Group, Inc., the nineteen largest cable and telephone providers in the US, representing about 94% of the market, acquired over 2.9 million net additional high-speed Internet subscribers in the first quarter of 2007. The top broadband providers now account for 56.2 million subscribers, with cable companies having over 30.7 million broadband subscribers, and telephone companies having over 25.4 million subscribers.Additional broadband findings for the quarter include:
Broadband Internet Snapshot(first quarter, 2007) | ||
Broadband Internet | Subscribers at end of 1Q 2007 | Net Adds in 1Q 2007 |
Cable Companies | ||
Comcast | 12,050,000 | 563,000 |
Time Warner | 7,000,000 | 356,000 |
Cox | 3,495,000 | 160,000 |
Charter | 2,525,900 | 123,900 |
Cablevision | 2,118,000 | 79,000 |
Insight | 656,000 | 44,800 |
Mediacom | 600,000 | 22,000 |
Cable One | 308,089 | 19,079 |
RCN | 280,000 | 5,000 |
Other major private cable companies | 1,720,000 | 75,000 |
Total Top Cable | 30,752,989 | 1,447,779 |
Telephone Companies | ||
AT&T | 12,855,000 | 690,000 |
Verizon | 7,398,000 | 416,000 |
Qwest | 2,305,000 | 167,000 |
Embarq | 1,104,000 | 87,000 |
Windstream | 710,000 | 53,868 |
Citizens | 464,055 | 20,300 |
CenturyTel | 413,000 | 44,000 |
Cincinnati Bell | 208,000 | 9,700 |
Total Top Telephone Companies | 25,457,055 | 1,487,868 |
Total Broadband | 56,210,044 | 2,935,647 |
Sources: The Companies and Leichtman Research Group, Inc., May 2007 |
Other related findings from the first quarter of 2007 include:
Bruce Leichtman, president and principal analyst for Leichtman Research Group, Inc. "The top cable companies now have over 30 million broadband subscribers, and about 10 million telephone subscribers, to complement their enhanced TV offerings."
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