Report: DSL, cable subs breach 19 million mark
After adding nearly 1.9 million high-speed subscribers in the period, major U.S. cable and DSL service providers ended the first quarter with more than 19 million broadband customers, according to Leichtman Research Group (LRG).
Top cable MSOs led the way with 1.23 million net additions in the period, giving them a 64 percent market share advantage versus DSL.
Although cable added nearly twice as many subscribers as DSL in the first quarter, price pressure applied by big telcos such as Verizon could affect that balance as the year wears on.
"It will be very interesting to see if the lower priced offerings recently introduced by major DSL providers have an impact on cable's dominance in the second quarter of 2003," said LRG President and Principal Analyst Bruce Leichtman.
Among cable operators, Comcast Corp. led all MSOs with 4 million broadband subs at the end of the first quarter, followed by Time Warner Cable (2.68 million), Cox Communications (1.56 million) and Charter Communications (1.27 million).
On the DSL front, SBC Communications topped out at 2.47 million DSL subs, followed by Verizon (1.8 million), BellSouth (1.1 million), Qwest (550,000) and Covad (417,000).