Durham, NH — November 15, 2022 — Leichtman Research Group, Inc. (LRG) found that the largest cable and wireline phone providers and fixed wireless services in the U.S. – representing about 96% of the market – acquired about 825,000 net additional broadband Internet subscribers in 3Q 2022, similar to a pro forma gain of about 820,000 subscribers in 3Q 2021.
These top broadband providers account for about 110.8 million subscribers, with top cable companies having about 75.6 million broadband subscribers, top wireline phone companies having over 32 million subscribers, and top fixed wireless services having about 3.2 million subscribers.
Findings for the quarter include:
- Overall, broadband additions in 3Q 2022 were 101% of those in 3Q 2021
- The top cable companies added about 40,000 subscribers in 3Q 2022 – compared to about 590,000 net adds in 3Q 2021
- The top wireline phone companies lost about 135,000 total broadband subscribers in 3Q 2022 – compared to about 40,000 net adds in 3Q 2021
- Wireline Telcos had about 550,000 net adds via fiber in 3Q 2022, and about 685,000 non-fiber net losses
- Fixed wireless/5G home Internet services from T-Mobile and Verizon added about 920,000 subscribers in 3Q 2022 – compared to about 190,000 net adds in 3Q 2021
“Top broadband providers added about 825,000 subscribers in 3Q 2022, including 920,000 net adds for fixed wireless services, along with a minor gain for cable, and net losses for wireline phone providers,” said Bruce Leichtman, president and principal analyst for Leichtman Research Group, Inc. “Over the past year, fixed wireless services have accounted for nearly 80% of the approximately 3,260,000 net broadband additions.”
|Broadband Providers||Subscribers at end of 3Q 2022||Net Adds in 3Q 2022|
|Total Top Cable||75,593,554||39,035|
|Wireline Phone Companies|
|Total Top Wireline Phone||32,049,412||(136,101)|
|Fixed Wireless Services|
|Total Top Fixed Wireless||3,185,000||920,000|
|Total Top Broadband||110,827,966||822,934|
* LRG estimate
** Includes LRG estimate of pro forma net adds
^ Verizon adjusted net adds and totals for fixed wireless from prior quarters
TDS residential subscribers, includes 302,000 wireline subscribers and 204,500 cable subscribers
Company subscriber counts may not solely represent residential households – about 6.5% of the total are non-residential
Top broadband providers represent approximately 96% of all subscribers
Net additions reflect pro forma results from system sales and acquisitions, reporting adjustments, and the addition of new providers to the list – therefore, comparing totals in this release to prior releases will not produce accurate findings
About Leichtman Research Group, Inc.
Leichtman Research Group, Inc. (LRG) specializes in research and analysis on broadband, media and entertainment industries. LRG combines ongoing consumer surveys with industry tracking and analysis, to provide companies with a richer understanding of current market conditions, and 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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