1.6 Million Add Broadband in the First Quarter of 2009
69.3 Million Get Broadband from Top Cable and Telephone Companies
Durham, NH May 13, 2009 Leichtman Research Group, Inc. (LRG) found that the twenty largest cable and telephone providers in the US representing about 94% of the market acquired over 1.6 million net additional high-speed Internet subscribers in the first quarter of 2009. These top broadband providers now account for nearly 69.3 million subscribers with cable companies having 37.7 million broadband subscribers, and telephone companies having about 31.5 million subscribers.
Other broadband findings for the quarter include:
- The top cable companies added over 835,000 subscribers, representing 52% of the net broadband additions for the quarter versus the top telephone companies
- Overall, broadband additions in 1Q 2009 amounted to 73% of those in 1Q 2008 with cable having 70% as many additions as a year ago, and Telcos 77%
- The top cable broadband providers have a 55% share of the overall market, with a 6.2 million subscriber advantage over the top telephone companies
Net broadband additions in 1Q 2009 were about 600,000 more than in 4Q 2008, and the most since the first quarter of 2008, said Bruce Leichtman, president and principal analyst for Leichtman Research Group, Inc. Yet, given the traditional seasonality of the broadband industry, it should not be a surprise if net adds in 2Q 2009 are half of what they were in 1Q 2009.
Sources: The Companies and Leichtman Research Group, Inc.
|Broadband Internet Provider
||Subscribers at End of 1Q 2009
||Net Adds in 1Q 2009
|Other Major Private Cable Companies**
|Total Top Cable
|Total Top Telephone Companies
* LRG estimate
** Includes LRG estimates for BrightHouse Networks, and Suddenlink
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 94% 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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