5G Home Internet Subs Grow, Wireline Telco Broadband Subs Sink: LRG

Fixed wireless/5G home internet services from T-Mobile and Verizon added about 920,000 subscribers in Q3, led by T-Mobile with 578,000, vs. 190,000 in the prior year, said a Tuesday Leichtman Research Group report. Over the past year, fixed wireless services had nearly 80% of the 3.3 million net broadband additions, said principal Bruce Leichtman. The largest cable companies, wireline phone providers and fixed wireless services acquired about 825,000 net additional broadband subscribers vs. 820,000 in the year-ago quarter, said the research firm. Cable companies added about 40,000 broadband subscribers in Q3 vs. 590,000 net adds in the year-ago quarter, while top wireline phone companies lost about 135,000 compared to 40,000 net adds in Q3 '21. Wireline telcos had 550,000 net adds and 685,000 non-fiber net losses, it said. Among wireline phone companies, AT&T lost 57,000 subscribers, Lumen lost 121,000 and Windstream lost 3,500, it said. Top cable companies have about 75.6 million broadband subscribers; wireline phone companies have over 32 million, and top fixed wireless services have 3.2 million, said LRG. Altice lost 53,000 subscribers in the quarter.