Cable's Share of Internet Subs Grew Last Year to Highest Level Since 2003, Says LRG

The top cable companies added about 2.9 million broadband subscribers in 2018, while telcos lost 470,000, for the fourth straight year of net broadband losses, Leichtman Research Group reported Thursday of 98.2 million total customers. In 2017, telcos had 620,000 net losses vs. gains of 2.7 million for cable. At the end of 2018, cable had 65 percent share of the broadband market, highest since 2003, led by Comcast with 27.2 million customers and Charter Communications with 25.3 million, and phone companies had 35 percent share, led by AT&T with 15.7 million subscribers.