Nearly 1.2 Million Add Broadband In The First Quarter Of 2014

Leichtman Research Group found that the seventeen largest cable and telephone providers in the US -- representing about 93% of the market -- acquired nearly 1.2 million net additional high-speed Internet subscribers in the first quarter of 2014.

These top broadband providers now account for over 85.5 million subscribers -- with top cable companies having 50.3 million broadband subscribers, and top telephone companies having over 35.2 million subscribers. Other broadband findings for the quarter include:

• Overall, broadband additions in 1Q 2014 amounted to 105% of those in 1Q 2013
• The top cable companies accounted for 83% of the net broadband additions for the quarter versus the top telephone companies
• The top cable companies added about 970,000 subscribers, representing 121% of the net additions for the top cable companies in 1Q 2013
• The top telephone companies added about 200,000 subscribers, 64% of the total net additions for the top telephone companies in 1Q 2013
• AT&T and Verizon added 732,000 subscribers via U-verse and FiOS in 1Q 2014, while having a net loss of 638,000 DSL subscribers. U-verse and FiOS broadband subscribers now account for 49% of Telco broadband subscribers -- compared to 40% in 2013
• The top cable broadband providers have a 59% share of the market versus Telcos, with about 15.1 million more subscribers than the top telephone companies -- compared to 13.1 million more a year ago