News

Broadband Nears 25M Subs

3/08/2004 4:22 AM Eastern

Top cable-modem and digital-subscriber-line providers ended 2003 with more than 24.6 million subscribers, a gain of 7.4 million to a base that represents about 98% of the market, Leichtman Research Group Inc. said Monday.

Top cable MSOs netted 60% of the broadband additions, or about 4.5 million high-speed Internet customers, compared with 3 million for the major DSL providers, led by SBC Communications Inc., Verizon Communications and BellSouth Corp., the market-research firm said.

Cable’s broadband share stood at 63%, with 15.5 million high-speed-data customers versus 9.1 million for DSL providers.

But DSL had its best quarter ever during the last three months of 2003, gaining a net of about 870,000 customers, representing a 45% share of net adds in the fourth quarter (versus 55% for cable).

LRG has a new study, from a survey of 1,600 homes, which found that 30% of current narrowband dial-up Internet customers are interested in getting broadband.

September