Posted on Wednesday, August 29th, 2007 at 12:46 pm
Leichtman Research Group, Inc.’s recent research has indicated that the nineteen largest US cable and telephone providers in the US, accounting for 94% of the market, have acquired a whopping 1.7 million new high-speed Internet subscribers in the second quarter of this year.
“While net broadband additions may be beginning to wane slightly, tens of millions of consumers will add high-speed Internet over the next few years,” said Bruce Leichtman, president and principal analyst for Leichtman Research Group, Inc. “In a somewhat tighter market, broadband providers will need to be increasingly prudent in the subscribers that they acquire in order to help minimize churn.”
