Nearly 1.3 Million Add Broadband in the First Quarter of 2011
76.6 Million Get Broadband from Top Cable and Telephone Companies
Durham, NH May 17, 2011 -- Leichtman Research Group, Inc. (LRG) found that the nineteen largest cable and telephone providers in the US -- representing about 93% of the market -- acquired nearly 1.3 million net additional high-speed Internet subscribers in the first quarter of 2011. These top broadband providers now account for 76.6 million subscribers -- with cable companies having 42.6 million broadband subscribers, and telephone companies having almost 34 million subscribers.
Other broadband findings for the quarter include:
- Overall, broadband additions in 1Q 2011 amounted to 90% of those in 1Q 2010 -- with cable having 91% as many additions as a year ago, and Telcos 87% as many additions as a year ago
- The top cable companies added over 850,000 subscribers, representing 67% of the net broadband additions for the quarter versus the top telephone companies
- Comcast added 418,000 broadband subscribers in 1Q 2011 -- the most in any quarter since 1Q 2008
- The top cable broadband providers have a 56% share of the overall market, with over 8.6 million more subscribers than the top telephone companies -- compared to 7.4 million a year ago
"Net broadband additions in 1Q 2011 were over 430,000 more than in 4Q 2010, and the most since the first quarter of 2010," said Bruce Leichtman, president and principal analyst for Leichtman Research Group, Inc. "Cable providers had a strong quarter, acquiring two-thirds of the net broadband additions, with Comcast alone accounting for nearly one-third of all net adds in the quarter."
Sources: The Companies and Leichtman Research Group, Inc.
|Broadband Internet Provider
||Subscribers at End of 1Q 2011
||Net Adds in 1Q 2011
|Other Major Private Cable Companies**
|Total Top Cable
|Total Top Telephone Companies
* LRG estimate
** Includes LRG estimates for Bright House Networks, Mediacom, and RCN
^ CenturyLink acquired Qwest on 4/1/11
Company subscriber counts may not represent solely residential households
Totals reflect pro forma results from system sales and acquisitions
Top cable and telephone companies represent approximately 93% of all subscribers
About Leichtman Research Group, Inc.
Leichtman Research Group, Inc. (LRG) specializes in research and analysis on broadband, media and entertainment industries. LRG combines on-going surveys and analysis with years of hands-on industry experience to provide companies with a richer understanding of the potential impact and adoption of new products and services. For more information about LRG, please call (603) 397-5400 or visit www.LeichtmanResearch.com.
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