Top Broadband Providers Surpass 100 Million Subscribers

The largest cable and telephone providers in the US – representing about 96% of the market – acquired about 605,000 net additional broadband Internet subscribers in 3Q 2019, compared to a pro forma gain of about 600,000 subscribers in 3Q 2018. These top broadband providers now account for about 100.6 million subscribers, with top cable companies having 67.1 million broadband subscribers, and top telephone companies having 33.5 million subscribers. Findings for the quarter include:

• Overall, broadband additions in 3Q 2019 were 101% of those in 3Q 2018
• The top cable companies added about 830,000 subscribers in 3Q 2019 – 114% of the net adds for the top cable companies in 3Q 2018
• The top telephone companies had a net loss of about 225,000 subscribers in 3Q 2019 – more net losses than in any quarter except 2Q 2016
• At the end 3Q 2019, cable had a 67% market share vs. 33% for Telcos – compared to 64% cable vs. 36% Telco at the end of 3Q 2017