News

Internet Service Providers Cool Q2 Broadband Sub Additions to 670,000

Pay-TV video subscriber losses continue to be high-speed internet’s gain, albeit more slowly.

New data from Leichtman Research Group found that the largest cable and wireline phone providers and fixed wireless services in the U.S. — representing about 96% of the market — acquired about 670,000 net additional broadband internet subscribers in Q2 (ended June 30), compared with a gain of about 1 million subs in in the previous year period.

These providers account for about 110 million combined subs, with top cable companies having about 75.6 million broadband subs, top wireline phone companies having about 32.2 million subs, and top fixed wireless services having about 2.2 million subs.

Leichtman found that overall broadband additions in Q2 were 67% of those last year. The top cable companies lost about 60,000 subs in the quarter compared to about 840,000 net adds last year. The top wireline phone companies lost about 85,000 total broadband subs compared to about 50,000 net adds last year.

Subscribe HERE to the FREE Media Play News Daily Newsletter!

Wireline Telcos had about 490,000 net adds via fiber, and about 575,000 non-fiber net losses. Fixed wireless/5G home Internet services from T-Mobile and Verizon added about 815,000 subs compared to about 120,000 net adds last year.

“Over the past year, there were about 3.26 million net broadband adds, with fixed wireless services accounting for 56% of them,” senior analyst Bruce Leichtman said in a statement.

Broadband Providers Subscribers at end of Q2 2022 Net Adds in Q2 2022
Cable Companies    
Comcast 32,163,000 0
Charter 30,253,000 (21,000)
Cox 5,560,000 0
Altice 4,333,600 (39,600)
Mediacom 1,468,000 0
Cable One 1,059,000 2,000
Breezeline 717,919 (1,689)
Total Top Cable 75,554,519 (60,289)
Wireline Phone Companies    
AT&T 15,509,000 (24,000)
Verizon 7,412,000 12,000
Lumen 4,377,000 (90,000)
Frontier 2,827,000 8,000
Windstream 1,178,500 2,500
TDS^ 500,800 5,600
Consolidated 381,213 1,063
Total Top Wireline Phone 32,185,513 (84,837)
Fixed Wireless Services    
T-Mobile 1,544,000 560,000
Verizon 700,000 256,000
Total Top Fixed Wireless 2,244,000 816,000
Total Top Broadband 109,984,032 670,874

Leave a Reply

Your email address will not be published.

four × two =

This site uses Akismet to reduce spam. Learn how your comment data is processed.