US adds 1.1M broadband subs in Q1 as cable companies expand lead

By Jim O'Neill on May 15 2016 at 8:30 PM
US adds 1.1M broadband subs in Q1 as cable companies expand lead

Broadband signups have begun to slow in the U.S. as the market begins to reach a point of saturation, but the 17 largest telcos and cable companies nevertheless added nearly 1.1 million new subscribers in the first quarter of the year.

Leichtman Research Group said the top broadband providers now account for more than 91.5 million subscribers – with cable companies having the lion’s share of subscribers, about 56.3 million, compared to 35.2 million broadband subscribers for telcos.

The quarter’s broadband adds were down 8% from a year ago, but cable companies had a strong year, adding about 1,065,000 broadband subscribers in 1Q 2016 – 106% of the net additions for the top cable companies in 1Q 2015.

The top phone companies, meanwhile, added just 10,000 net new subscribers, down from a gain of 160,000 a year ago.

AT&T and Verizon together added about 300,000 U-verse and FiOS Internet subscribers in the quarter, but continued to shed DSL subs, down 324,000 in the quarter.

U.S. service providers added some 3.03 million broadband subs in the past 12 months, compared to 3 million adds in the previous 12 months.

Cable companies accounted for 111% of the total adds over the past year, LRG said.

For the quarter, Comcast added 438,000 subscribers, taking its industry-leading total to 23.77 million broadband subs, followed by 327,000 adds for Time Warner Cable and 155,000 adds for Charter Communications. Together, TWC and Charter have more than 19.36 million broadband subscribers.

AT&T is the largest telco broadband supplier with 15.76 million subs followed by Verizon with 9.22 million.

Stay tuned.

Follow me on Twitter @JimONeillMedia and on LinkedIn

Posted in: 

READ THESE NEXT

Demand for bandwidth, OTT video spurs FTTH investment in LatAm
LatAM, Broadband, OTT
Demand for bandwidth, OTT video spurs FTTH investment in LatAm
Jan 03 2017 1:45 PM

Growing consumer spending power and affordable multiplay service bundle are fueling the adoption of prepaid satellite pay-TV services (DTH) in Latin America, especially among consumers who previously were not able to afford service offerings.

That new class of subscribers, in turn, is influencing operators to invest in expanded networks, especially fiber-to the-home (FTTH).

Cable operators in EU see revenue gains, subscriber losses
EMEA, Broadband, Operators
Cable operators in EU see revenue gains, subscriber losses
Dec 19 2016 12:15 PM

Despite increasing competition from over-the-top players and from satellite providers, and declining subscriber numbers, the cable industry in the European Union has continued to grow with gross cable revenues topping €22.4 billion ($23.34 billion) in 2015, a 5.7% increase year-over-year.

More than half of cable revenues in 2015 (53%) came from Internet and phone services, according to a report from IHS Markit, with Internet revenues up nearly 10% to €7.2 billion.

EMEA, Broadband, Mobile
UK plans aggressive spend to upgrade broadband, wireless networks by 2020-21
Nov 23 2016 10:30 AM

The U.K. government is planning to spend more than $1.24 billion (£1.0 billion) to modernize the country’s digital infrastructure with the goal of full-fiber broadband and 5G wireless technology nationwide by 2020-21.

OTT, Broadband
ISP Cogent calls OTT ecosystem’s long-term winner
Nov 23 2016 9:00 AM

Count Internet Service Provider (ISP) Cogent as one of the video service providers that believe over-the-top delivery will be the long-term winner in the battle for eyeballs because “it’s cheaper, it is affordable, it is time shiftable and it allows you a much greater choice in content.”