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Another Record Quarter for High-Speed Internet
Over 28,000 Additional Broadband Subscribers per Day in the First Quarter of 2005
Durham, NH – May 10, 2005 – Leichtman Research Group, Inc. (LRG) found that the twenty largest cable and DSL providers in the US –- representing about 95% of the market – acquired a record 2.6 million net additional subscribers in the first quarter of 2005. The top broadband providers now account for over 35.8 million high-speed Internet subscribers -- with cable having over 21.1 million broadband subscribers, and DSL having over 14.7 million subscribers.
Other key findings for the quarter include:
- The top DSL providers added a record 1.38 million subscribers -- representing 54% of the net broadband additions for the quarter versus cable, which added 1.2 million subscribers
- The top three DSL providers (SBC, Verizon and Bell South) each had record quarters for net additions
- The top cable broadband providers maintain a 6.4 million subscriber advantage over DSL and have a 59% share of the total market versus DSL
“Deeply discounted introductory offers again drove a surge in broadband adoption in the first quarter of 2005,” said Bruce Leichtman, president and principal analyst for Leichtman Research Group, Inc. “In the past six months, nearly five million subscribers have added broadband service in the US.”
| Broadband Internet Provider |
Subscribers at End of 1Q 2005 |
Net Adds in 1Q 2005 |
| Cable |
| Comcast* |
7,408,000 |
414,000 |
| Time Warner |
4,122,000 |
209,000 |
| Cox |
2,748,659 |
177,413 |
| Charter |
1,978,400 |
94,000 |
| Adelphia** |
1,486,030 |
86,690 |
| Cablevision |
1,440,579 |
88,038 |
| Bright House Networks*** |
763,000 |
25,000 |
| Mediacom |
407,000 |
40,000 |
| Insight |
367,800 |
37,300 |
| RCN*** |
230,000 |
7,598 |
| Cable One |
197,400 |
19,100 |
| Total Top Cable |
21,148,868 |
1,198,139 |
|
| DSL |
| SBC |
5,608,000 |
504,000 |
| Verizon |
3,944,000 |
385,000 |
| Bell South |
2,349,000 |
253,000 |
| Qwest |
1,122,000 |
85,000 |
| Sprint |
551,000 |
59,000 |
| Covad |
547,400 |
14,200 |
| ALLTEL |
283,126 |
39,801 |
| Century Tel |
173,768 |
31,193 |
| Cincinnati Bell |
140,000 |
9,600 |
| Total Top DSL |
14,718,894 |
1,380,794 |
|
| Total Broadband |
35,867,762 |
2,578,933 |
Sources: The Companies and Leichtman Research Group, Inc.
* Comcast's total is adjusted from last quarter to reflect the closing of minor transactions
** Adelphia's total is adjusted from last quarter to include properties formerly owned by the Rigas family
*** Bright House Networks and RCN totals are estimates and are adjusted from last quarter to reflect new information
Top cable and DSL providers represent approximately 95% of all subscribers
Company subscriber counts may not represent solely residential households.
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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