Study: 2M More High-Speed Subs in 3Q - Multichannel

Study: 2M More High-Speed Subs in 3Q

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Cable-modem and digital-subscriber-line providers added more than 2 million high-speed customers in the third quarter, a near 25% increase over the second quarter, to reach 22.7 million U.S. homes, according to Leichtman Research Group Inc.

Cable operators added 1.25 million subscribers in the quarter, maintaining their 64% overall market share, versus DSL's 789,000 additions.

LRG found that the top 10 cable MSOs have high-speed available to 88% of their homes, versus close to 70% for the primary DSL providers.

"High-speed Internet growth in the third quarter of 2003 successfully rebounded from the previous quarter's results," LRG president Bruce Leichtman said in a prepared statement. "However, the market was stimulated by nearly every major broadband provider offering aggressive discounts for new subscribers," he added. "Without these promotions, this level of growth may prove difficult to maintain."

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