About 360,000 Added Broadband in 2Q 2015

Leichtman Research Group, Inc. (LRG) found that the seventeen largest cable and telephone providers in the US -- representing about 94 percent of the market -- acquired about 360,000 net additional high-speed Internet subscribers in the second quarter of 2015. These top broadband providers now account for nearly 88.9 million subscribers -- with top cable companies having about 53.5 million broadband subscribers, and top telephone companies having 35.4 million subscribers. Other broadband findings for the quarter include:

• Overall, broadband additions in 2Q 2015 were 97 percent of those in 2Q 2014
• The top cable companies added about 510,000 subscribers in 2Q 2015 -- 138 percent of the net additions for the top cable companies in 2Q 2014
• The top telephone companies lost about 150,000 subscribers in 2Q 2015 -- subscriber losses were higher than in any previous quarter
• Telecommunication companies have had net broadband subscriber losses in four of the past six second quarters
• AT&T and Verizon added 313,000 subscribers via U-verse and FiOS in 2Q 2015, while having a net loss of 474,000 DSL subscribers. U-verse and FiOS broadband subscribers now account for 56 percent of telecommunication broadband subscribers -- compared to 42 percent two years ago.

"While Telcos lost more broadband subscribers in 2Q 2015 than in any previous quarter, cable companies added over 500,000 subscribers for the fourth consecutive quarter," said Bruce Leichtman, president and principal analyst for Leichtman Research Group, Inc. "Over the past year, cable has accounted for 95 percent of the approximately 3,000,000 broadband additions."