News

Report: Broadband Boomed in 2004

3/02/2005 5:06 AM Eastern

The top 20 cable-modem and digital-subscriber-line providers added more than 8.6 million high-speed-Internet customers in 2004, a huge gain and 1.2 million above the record set in 2003, Leichtman Research Group Inc. said Wednesday.

At the end of last year, those top 20 providers -- collectively serving more than 95% of all high-speed-data customers -- had more than 33.2 million customers.

Cable’s top providers have a 60% market share, with 19.9 million subscribers, versus 13.3 million for DSL services offered by phone companies.

Cable’s top providers netted 51% of broadband additions in 2004 -- 4.4 million, compared with 4.2 million for DSL.

But heavy telco marketing efforts are paying off: DSL net adds last year were 43% ahead of 2003, according to LRG. The fourth quarter of the year was the best three-month period ever for DSL, with 1.16 million net adds, a 52% share of broadband net adds in the quarter.

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