U.S. Has 960,000 Net Broadband Adds in Q1: LRG

The largest cable, wireline telcos and fixed wireless providers, with about 96% of the U.S. broadband market, acquired about 960,000 net additional broadband subscribers in Q1, compared with a pro forma gain of about 1,085,000 the same quarter a year earlier, Leichtman Research Group said Monday. It said the biggest cable companies added about 65,000 in the quarter, compared with 485,000 net adds in Q1 2022, while wireline telcos lost about 20,000 in the quarter compared with gains of 65,000 in Q1 2022. It said Verizon and T-Mobile fixed wireless services added 915,000 subs, compared with 530,000 net adds the same quarter a year earlier.