Telcos Lose Nearly a Quarter Million Web Subs in Q3; Cable Adds 830,000, Says LRG
Top U.S. phone companies lost 226,257 broadband subscribers in Q3, more net losses than in any quarter except Q2 2016, reported Leichtman Research Group Tuesday. Leading cable companies added 830,000, 114 percent of the net add in the year-ago quarter.…
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AT&T was the telco loss leader, dropping 123,000 subscribers, followed by 71,000 losses at Frontier, 36,000 from CenturyLink and 7,000 leaving Verizon. Windstream, TDS and Consolidated gained 11,143 total. All cable companies had subscriber growth, led by Charter with 380,000, followed by Comcast (379,000), Cox (25,000) and Altice (14,900). Total broadband subs among the firms with 96 percent of the market, were 100.5 million; cable had 67 percent.