About 3,500,000 Added Broadband From Top Providers in 2023
March 7, 2024
Leichtman Research Group (LRG) found that the largest cable and wireline phone providers and fixed wireless services in the US—representing about 96 percent of the market—acquired about 3,520,000 net additional broadband Internet subscribers in 2023, similar to a pro forma gain of 3,530,000 subscribers in 2022. These top broadband providers account for about 114.7 million subscribers, with top cable companies having 76.1 million broadband subscribers, top wireline phone companies having over 30.7 million subscribers, and top fixed wireless services having over 7.8 million subscribers. Findings for the year include:
- The top cable companies lost about 65,000 subscribers in 2023—compared to about 530,000 net adds in 2022
- The top wireline phone companies lost about 80,000 total broadband subscribers in 2023—compared to about 180,000 net losses in 2022
- Fixed wireless/5G home Internet services from T-Mobile and Verizon added about 3,665,000 subscribers in 2023—compared to about 3,185,000 net adds in 2022
About 3,500,000 Added Broadband From Top Providers in 2023