The Leichtman Research Group finds: that as of the end of the third quarter of 2002 the leading cable and DSL providers in the United States have a total of over 15.6 million high-speed Internet subscribers. During the quarter the major US cable and DSL providers added a combined 1.68 million subscribers.
Other key findings include:
Broadband Internet subscriber growth for the third quarter of 2002 was the highest so far this year and exceeded net additions for the third quarter of 2001 by 400,000 subscribers.
The top cable companies had 68% of the net broadband additions for the quarter, with cable adding over 1.1 million broadband Internet subscribers compared to 540,000 added by the major DSL providers over the same time period.
The top cable operators now account for over 10 million broadband Internet subscribers, maintaining a 65% share of the market.
“The third quarter results demonstrate strong continued adoption of broadband Internet in the United States,” said Bruce Leichtman, president and principal analyst for Leichtman Research Group, Inc. “While cable operators lost over 250,000 video subscribers in the third quarter, the industry-wide focus on high-value customers clearly paid off in cable’s growth of high-speed Internet subscribers.”
For a breakdown of subscribers by company and other details click on the link above. The Internet comes alive with broadband – hey, that’s pretty good, anyone want to license it?