The top 17 cable and telephone internet providers in the US gained approximately 295,000 net new high-speed internet subscribers in the second quarter of 2013. These providers now have over 82.7 million subscribers total, with top cable companies having over 47.8 million subscribers and top telephone companies having nearly 34.9 million subscribers. While cable companies added about 296,000 new subscribers, telephone companies lost about 2,000 subscribers, marking the third time in four years they have reported small net losses for the second quarter.
The top 17 cable and telephone internet providers in the US gained approximately 295,000 net new high-speed internet subscribers in the second quarter of 2013. These providers now have over 82.7 million subscribers total, with top cable companies having over 47.8 million subscribers and top telephone companies having nearly 34.9 million subscribers. While cable companies added about 296,000 new subscribers, telephone companies lost about 2,000 subscribers, marking the third time in four years they have reported small net losses for the second quarter.
The top 17 cable and telephone internet providers in the US gained approximately 295,000 net new high-speed internet subscribers in the second quarter of 2013. These providers now have over 82.7 million subscribers total, with top cable companies having over 47.8 million subscribers and top telephone companies having nearly 34.9 million subscribers. While cable companies added about 296,000 new subscribers, telephone companies lost about 2,000 subscribers, marking the third time in four years they have reported small net losses for the second quarter.
The top 17 cable and telephone internet providers in the US gained approximately 295,000 net new high-speed internet subscribers in the second quarter of 2013. These providers now have over 82.7 million subscribers total, with top cable companies having over 47.8 million subscribers and top telephone companies having nearly 34.9 million subscribers. While cable companies added about 296,000 new subscribers, telephone companies lost about 2,000 subscribers, marking the third time in four years they have reported small net losses for the second quarter.
ABOUT 295,000 ADD BROADBAND IN THE SECOND QUARTER OF 2013
Telcos Cumulatively Report Slight Broadband Losses in the Quarter
Durham, NH August 20, 2013 Leichtman Research Group, Inc. (LRG) found that the seventeen largest cable and telephone providers in the US representing about 93% of the market acquired about 295,000 net additional high-speed Internet subscribers in the second quarter of 2013. These top broadband providers now account for over 82.7 million subscribers with top cable companies having over 47.8 million broadband subscribers, and top telephone companies having nearly 34.9 million subscribers. Other broadband findings for the quarter include: Overall, broadband additions in 2Q 2013 amounted to 116% of those in 2Q 2012 The top cable companies added about 296,000 subscribers, representing 91% as many additions as in 2Q 2012 The top telephone companies lost about 2,000 subscribers compared to a loss of about 73,000 in 2Q 2012 AT&T and Verizon added 802,000 fiber subscribers in the quarter (via U-verse and FiOS), while having a net loss of 818,000 DSL subscribers AT&T has reported net broadband losses in six of the past nine quarters The top cable broadband providers have a 58% share of the overall market, with about 13 million more subscribers than the top telephone companies compared to 11.2 million more a year ago
The second quarter of the year is traditionally the slowest quarter of the year for broadband additions, and this year was no exception. For the third time in the past four years, Telcos cumulatively reported small net broadband losses in the second quarter, FOR IMMEDIATE RELEASE said Bruce Leichtman, president and principal analyst for Leichtman Research Group, Inc. Over the past year, cable companies have accounted for 85% of the 2,600,000 net broadband additions.
Broadband Internet Subscribers at end of 2Q 2013 Net Adds in 2Q 2013 Cable Companies Comcast 19,986,000 187,000 Time Warner 11,559,000 21,000 Charter 4,138,000 52,000 Cablevision* 3,087,000 1,000 Suddenlink 1,017,200 (9,000) Mediacom 949,000 9,000 Cable ONE 464,292 566 Other major private cable companies** 6,664,000 35,000 Total Top Cable 47,864,492 296,566 Telephone Compani es AT&T 16,453,000 (61,000) Verizon 8,939,000 45,000 CenturyLink^ 5,909,000 (8,400) Frontier^^ 1,781,500 29,500 Windstream 1,194,500 (11,400) FairPoint 332,620 2,538 Cincinnati Bell 261,700 1,500 Total Top Telephone Companies 34,871,320 (2,262) Total Broadband 82,735,812 294,304 Sources: The Companies and Leichtman Research Group, Inc. * Cablevision includes estimate for former Bresnan properties sold to Charter on 7/1/2013 ** Includes LRG estimates for Cox, Bright House Networks, and RCN Cable totals do not include WOW with 709,000 subscribers ^ CenturyLink slightly adjusted totals from prior quarters ^^ LRG estimate, does not include wireless subscribers Company subscriber counts may not represent solely residential households Totals reflect pro forma results from system sales and acquisitions Top cable and telephone companies represent approximately 93% of all subscribers
Leichtman Research Group, Inc. (LRG) specializes in research and analysis on broadband, media and entertainment industries. LRG combines on-going surveys and analysis with years of hands-on industry experience to provide companies with a richer understanding of the potential impact and adoption of new products and services. For more information about LRG, please call (603) 397-5400 or visit About Leichtman Research Group, Inc. www.LeichtmanResearch.com.