How Verizon 'fixed wireless' and T-Mobile home broadband is converting cable customers

The broadband landscape looks different after the two biggest wireless carriers added more than two-thirds of a million subscribers to their residential 5G-based services. However, the two biggest cable providers both lost internet customers. On July 22, Verizon reported that it had gained 168,000 new residential customers to reach 384,000 total home subscribers for its “fixed wireless” service. A week later, T-Mobile posted 560,000 new customers for its own fixed wireless – which includes home and business accounts, which the company does not break out further – bringing it to 1.54 million subscriptions. The story was different at the biggest and second-biggest cable operators. On July 27, Comcast reported it lost 10,000 residential broadband customers in the quarter, ending with 29.83 million. A day later, Charter revealed a drop of 42,000 residential broadband subscribers, leaving it with 28.26 million.