Friday, September 12, 2008

Euro Broadband Grow Rate Drops by an Order of Magnitude

It looks like the second quarter was sluggish for European broadband access providers, as it was for major U.S. telcos. European broadband providers added just over five million new subscribers, compared to nearly eight million in the prior quarter, say researchers at Strategy Analytics.

In the last 12 months, European broadband access providers added an about 30 million new subscribers, implying a quarter over quarter growth rate of 34 percent. In the second quarter, the top 10 providers, who account for just over 50 percent of the total European market, averaged a three percent sequential growth rate.

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