DURHAM, NH â€” The seventeen largest cable and telephone providers in the US representing about 94 percent of the market â€” acquired 3 million net additional high-speed Internet subscribers in 2014, according to findings from Leichtman Research Group (LRG). Annual net broadband additions in 2014 were 114 percent of the total in 2013.
These top broadband providers now account for 87.3 million subscribers with cable companies having 51.9 million broadband subscribers, and telephone companies having 35.4 million subscribers.
Other key findings include:
- The top cable companies netted 89 percent of the broadband additions in 2014 compared to 82 percent of the broadband additions in 2013
- The top cable companies added 2.65 million broadband subscribers in 2014, 123 percent of the total net additions for the top cable companies in 2013
- The top telephone companies added about 345,000 subscribers, 72 percent of the total net additions for the top telephone companies in 2013
- AT&T U-verse and Verizon FiOS broadband subscribers now account for 53 percent of Telco broadband subscribers, up from 37 percent at the end of 2012
- The top cable companies had 2.3 million more net additions than phone companies in 2014 compared to 1.7 million more net adds in 2013
“At the end of 2014, the top cable and Telco broadband providers in the US cumulatively had over 87.3 million subscribers, adding 3 million subscribers in the past year,” said Bruce Leichtman, president and principal analyst for Leichtman Research Group. “While about four of every five US households now get broadband at home, there were more broadband net additions in 2014 than in 2013. This was the first year-over-year increase in broadband net adds since 2006 over 2005.”
Leichtman Research Group (LRG)
specializes in research and analysis on the broadband, media and entertainment industries. LRG combines ongoing consumer research studies with industry tracking and analysis, to provide companies with a richer understanding of current market conditions, and the adoption and impact of new products and services.