Telcos Reverse Broadband Subs Trend, Led by Fiber Adds: LRG
Top U.S. cable and wireline ISPs gained 1.02 million net broadband subscribers in Q1 vs. 1.17 million in the year-ago quarter, reported Leichtman Research Group Tuesday. Cable had 73.77 million of 107 million total subscribers, adding 935,000 subs. Telcos had…
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33.3 million customers, adding 85,000 vs. a net loss of 60,000. Losses among telco non-fiber subs were more than offset by over 400,000 fiber adds, bringing fiber-based telco broadband subs to about 14.6 million. Over the past year, there were about 4.7 million net broadband user adds vs. 2.8 million the prior year, said Principal Bruce Leichtman.