FWA Decimation of Cable Broadband Adds Will Continue This Year: Chetan Sharma
Expect that fixed wireless access will continue winning broadband subscribers from cable operators in 2024, Chetan Sharma Consulting wrote last week in its Q1 mobile market update. FWA has "completely decimated" cable broadband net additions during the past two years,…
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though mobile "is providing some respite" to cable giants, it said. The report noted cable's mobile sub base exceeded 15 million. Comcast and Charter Communications are the de facto top tier-two operators, it said. The U.S. wireless market has been slowly cooling from its 2021 historic high, with slower growth. Despite that, operators had another $50 billion service revenue in Q1, the report said. The revenue growth and net adds of the past five years, and especially since 5G's launch, have reversed trends of prior years, it said. "This is the best set of 3 years the industry has had in 16 years."