About 840,000 Added Broadband in Second Quarter of 2023

The largest cable and wireline phone providers and fixed wireless services in the US—representing about 96% of the market—acquired about 840,000 net additional broadband Internet subscribers in Q2 2023, compared to a pro forma gain of about 700,000 subscribers in Q2 2022. These top broadband providers now account for over 112.9 million subscribers, with top cable companies having about 76.2 million broadband subscribers, top wireline phone companies having about 30.7 million subscribers, and top fixed wireless services having about 5.9 million subscribers. Findings for the quarter include:

• Overall, broadband additions in Q2 2023 were 120% of those in Q2 2022;
• The top cable companies added about 10,000 subscribers in Q2 2023 – compared to a loss of about 60,000 in Q2 2022;
• The top wireline phone companies lost about 60,000 total broadband subscribers in Q2 2023 – similar to about 60,000 net losses in Q2 2022;
  • Wireline Telcos had about 450,000 net adds via fiber in Q2 2023, and about 510,000 non-fiber net losses.
• Fixed wireless/5G home Internet services from T-Mobile and Verizon added about 890,000 subscribers in Q2 2023 – compared to 815,000 net adds in Q2 2022.