Cable, Telcos Gained 1.5M Internet Accounts in Q3, Says LRG

U.S. cable and wireline phone providers had the biggest jump in broadband additions last quarter since 2009, reported Leichtman Research Group Wednesday. The top 96% of providers acquired 1.53 million net additional subscribers vs. a pro forma 615,000 a year ago. Cable companies gained 1.3 million, the third consecutive quarter of 1 million-plus additions, vs. 830,000 a year ago; telcos added 210,000 vs. a net loss of 220,000. Cable companies have 72 million broadband subscribers; telcos, 32.9 million.