Cable, Telco Broadband Subscriber Adds Were 230,000 in Q2, LRG Says

The 14 largest cable and telco providers in the U.S., with about 95 percent of the market, acquired close to 230,000 net additional broadband subscribers in Q2, Leichtman Research Group said in a news release Friday. LRG said those companies combined have more than 94.1 million subscribers, with 59.9 million for cable ISPs and 34.2 million for telcos. The Q2 additions were 7 percent higher than in Q2 2016, LRG said. It said cable ISPs added about 460,000 subs in Q2 2017, but telcos lost 230,000. The researcher said the past year saw about 2.55 million net broadband adds, compared with 3 million in the previous 12 months.