Thursday, September 23, 2021

Altice Loses Broadband Subs, Comcast Sees Slowdown: Early Signs of a New Trend?

Altice USA reported a lost of broadband accounts in the third quarter, something that has been virtually unseen over the past couple of decades. Comcast, for its part, reported a slowdown in net acquisitions in its third quarter.  


Telco broadband net additions are growing. In the same quarter of 2020, telcos lost subs. Some analysts now believe telcos will continue to gain share from cable companies as telcos scale up their gigabit fiber to the home networks. 


Where cable once had 95 percent share compared to telco digital subscriber line services, and now has about a 70-percent share of broadband lines overall, some now believe telcos will eventually grab half the market.


No comments:

Will AI Actually Boost Productivity and Consumer Demand? Maybe Not

A recent report by PwC suggests artificial intelligence will generate $15.7 trillion in economic impact to 2030. Most of us, reading, seein...