Comcast dominates 2013 broadband subscriber growth rankings
With DSL subscriber losses hurting growth at AT&T (NYSE: T) and Verizon (NYSE: VZ), Comcast (Nasdaq: CMCSA) was the number-one broadband provider last year in terms of net subscriber additions, Leichtman Research Group said Monday.
Comcast posted 1.296 million net subscriber additions in 2013. The 371,000 net broadband subscriber additions that Charter Communications (Nasdaq: CHTR) posted last year gave it second place.
While AT&T and Verizon added 3.3 million total subscribers for their respective U-verse Internet and FiOS Internet fiber-based broadband products, the telcos had a net loss of 3.05 million DSL customers, LRG noted. Verizon generated 220,000 net broadband subscriber additions in 2013, and AT&T posted 35,000, according to the report.
"With top telco providers focused on upgrading customers from DSL to fiber broadband services, cable providers accounted for over 80% of the net broadband adds in 2013," Bruce Leichtman, LRG president and principal analyst, said in a prepared statement.
Time Warner Cable (NYSE: TWC) finished 2013 with 211,000 net broadband subscriber additions. Cable operators featured in the report include Suddenlink Communications, with 57,400 broadband adds; Mediacom Communications with 50,000 additions; WideOpenWest, with 31,000 adds; Cablevision (NYSE: CVC), with 17,000 adds; and Cable One, with 13,396 broadband subscriber additions.
CenturyLink (NYSE: CTL) was the third-ranked telco, pickup up 140,000 net broadband subscriber additions in 2013, according to LRG. It topped Frontier Communications, with 112,000 net additions, Cincinnati Bell (NYSE: CBB) with 9,000 adds, and Windstream (Nasdaq: WIN), which posted a loss of 43,700 net broadband subscribers last year.
Broadband Internet subscribers in 2013 at cable operators and telcos. (Source: LRG)
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