Broadband Growth Slows For Fourth Straight Year: Analyst
Top U.S. Cable Operators Added 2.3 Million Broadband Subs In 2010, Says Leichtman
By Todd Spangler -- Multichannel News, 3/2/2011 2:10:01 PM
Major cable operators gained 2.3 million net broadband subscribers in 2010 -- representing a 68% share of annual broadband additions -- but overall, the industry's growth rate cooled for the fourth year in a row, according to statistics compiled by Leichtman Research Group.
The 19 largest cable and telephone providers, which account for about 93% of the U.S. market, acquired 3.4 million net high-speed Internet subscribers last year. That's compared with 4.1 million in 2009, 5.4 million in 2008, 8.5 million in 2007 and a peak of 10.4 million in 2006, according to LRG.
As of the end of 2010, those providers had 75.1 million subscribers. Cable companies had 41.5 million broadband subscribers -- holding 55% share -- and telcos tallied 33.5 million.
Comcast is the biggest U.S. wireline broadband provider with 16.99 million subscribers at the end of 2010, followed by AT&T with 16.31 million, Time Warner Cable with 9.8 million and Verizon Communications with 8.39 million. LRG estimates that Cox Communications had 4.37 million high-speed Internet subscribers at the end of 2010.
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