The 19 largest cable and telephone providers in the US – comprising some 94% of the market – acquired over 2.9 million net additional high-speed internet subscribers in the first quarter of 2007, according to the Leichtman Research Group (LRG).
The top broadband providers now account for 56.2 million subscribers, with cable companies accounting for 30.7 million subscribers and telephone companies for 25.4 million.
Other LRG findings for the quarter:
Other related findings from the first quarter of 2007 include:
“Cable’s record success in the first quarter of 2007 is emblematic of the industry’s ability to evolve beyond its core television heritage,” said Bruce Leichtman, president and principal analyst of LRG.
“The top cable companies now have over 30 million broadband subscribers, and about 10 million telephone subscribers, to complement their enhanced TV offerings.”
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