broadband additions slowing down

Broadband Additions Slowing Down
During the second quarter, major U.S. cable and DSL providers added 1.55 million high-speed Internet subscribers, representing the smallest net additions for any three-month period in a year, reported Leichtman Research Group.

At the end of the second quarter, leading cable and DSL providers accounted for nearly 20.7 million high-speed Internet subscribers in the United States, the firm said.

Leichtman said DSL grew its share of broadband net additions when compared to previous quarters. DSL providers had 625,000 net subscribers in the quarter, representing 40 percent of net high-speed Internet additions for the three-month period, the firm said.

Top cable companies added 930,000 subscribers in the quarter, 320,000 fewer additions than the record-setting growth recorded in first quarter. Top cable operators maintained a 64 percent share of the overall market, when compared to DSL, and now account for more than 13.2 million high-speed Internet subscribers. Still, every cable provider reported fewer net high-speed Internet additions in the second quarter than in the first quarter, Leichtman Research said.

For more on Leichtman Research, go to: http://www.leichtmanresearch.com.