Sharp decline in Q2 broadband net additions
The second quarter is always a slow one for broadband subscriber additions, but coupled with the maturation of the broadband market, the nation’s largest ISPs combined for only 634,000 net adds.
That was 71 percent fewer than in the second quarter of 2008 a year ago, and the lowest total since the earlier years of broadband availability.
Phone companies picked up 365,000 of the total, a 61 percent share, according to statistics for the 19 largest cable and telephone providers in the U.S., compiled by Leichtman Research Group.
The top broadband providers now account for 69.9 million subscribers, with cable companies having 38 million broadband subscribers and telephone companies having about 31.9 million, according to Leichtman.
“The second quarter has proven to be traditionally weak for broadband growth, but with the market becoming more mature, broadband adds further waned in Q2 2009,” said Bruce Leichtman, president and principal analyst for LRG. “In a reverse of last year’s second quarter, when cable operators got three-quarters of the net broadband adds, telcos earned over 60 percent of the broadband net adds in Q2 2009.”