US adds 679,000 broadband subscribers in Q3
AT&T lost 106,000 customers and Verizon added only 2,000. Comcast and Time Warner Cable led the growth in US broadband subscriptions during the third quarter, adding a combined 552,000 new subscribers.
The number of US broadband subscribers increased by 679,000 in Q3
In the past twelve months the two cable operators accounted for 71 percent of the 3 million new broadband subscribers. The research found that the top nineteen tracked operators in the US saw strong growth in 2015, adding more than 2.1 million new subscribers in the first nine months. But, in the third quarter, AT&T and Verizon faced challenges as AT&T lost 106,000 subscribers and Verizon added only 2,000.
The market researcher’s director of service provider strategies, Jason Blackwell, said, “Over the past twelve months, Comcast has accounted for 42 percent of new subscribers among the operators that we track. Fibre growth is still strong, but the telco operators haven't been able to shake off the losses of DSL subscribers. In 2016, we expect to see a real battle in broadband, as cable operators begin to roll out Docsis 3.1 for even higher speed offers, placing additional pressure on telcos."
telecompaper.com