Sydney Price
Broadband adds slow as cable industry settles into transformative period
A new report from Kagan, the media research unit of S&P Global, shows that broadband subscriber growth has "cooled significantly in the third quarter" of 2021, stalling in growth for the first time in three years. The decline can be attributed to "a difficult comparison with the booming gains of 2020," the report says. Cable providers Comcast and Charter Communications both had fewer internet net adds in the third quarter of 2021 compared to 2020. For the third quarter, Comcast reported 300,000 net adds in broadband customers.