Broadband Saw Highest Subscription Growth Since '08: LRG
Top U.S. cable and telco providers gained 4.9 million net broadband subscribers last year, compared with a pro forma gain of 2.6 million in 2019, for the most additions since 2008, said Leichtman Research Group Wednesday. Cable companies ended the…
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year with 72.8 million such subscribers (69% share); phone companies, 33 million (31%). Charter’s 2.2 million broadband adds were more than any company had since 2006; telcos had positive net annual broadband adds for the first year since 2014, said principal Bruce Leichtman, citing impact from the pandemic.