Leichtman Research Group, Inc. says the eighteen largest cable and telephone providers in the United States, representing about 93 percent of the market, acquired about 350,000 net additional high-speed Internet subscribers in the second quarter of 2011. That represents the second lowest level of net additions LRG has tracked, historically.
The top cable companies accounted for 77 percent of the net broadband additions for the quarter. The largest phone companies added about 80,000 subscribers during the quarter, compared to a net loss of 10,000 subscribers in the second quarter of 2010.
AT&T and Verizon added 628,000 fiber subscribers in the quarter (U-verse and FiOS), while having a net loss of 578,000 DSL subscribers.
The top cable companies added over 270,000 broadband subscribers in the quarter. The top cable broadband providers have a 56 percent share of the overall market, with 8.9 million more subscribers than the top telephone companies, compared to 7.85 million this time a year ago.
Second quarter 2011 broadband additions
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