U.S. pay-TV operators continue to see stronger growth in their broadband businesses, with the 17 largest operators adding more than 1.2 million Internet subscribers in Q1, apace their Q1 2014 adds.
Cable and telco operators now control more than 88% of the broadband market.
Cable operators now have about 53 million broadband subscribers –their adds in the quarter accounted for 86% of new subscribers -- and top telephone companies having more than 35.5 million subscribers, according to Leichtman Research Group.
Among cable companies, Comcast continues to gain the most subscribers, about 41% of all cable adds, followed by Time Warner Cable (33%) and Charter (14%).
The quarter marked the first time since Q1 2008 that cable operators added more than a million broadband subscribers in a single quarter.
The top seven telcos, meanwhile, added just 162,000 new broadband subs, underlining again why the FCC and Justice Department opposed the Comcast-TWC merger and their potential domination of the broadband market in the United States.
The Top 5 broadband providers included Comcast (22.37 million subscriber), AT&T (16.1 million), Time Warner Cable (12.58 million), Verizon (9.25 million) and CenturyLink (6.12 million).
The top cable broadband providers now have a 60% share of the market versus telcos for the first time since 2Q 2005
The industry has seen more than 3 million new subscribers to broadband services in the past 12 months, with cable scoring 90% of them.
The margin on broadband is fore more than the margin for video services, and service providers continue to work to expand those services ad revenue.
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