Cable and DSL Providers Continue to Make Strong Gains in Broadband

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Cable and DSL Providers Continue to Make Strong Gains in Broadband

5:30 am on July 17, 2006 | Category: Business, Telecom Services, Internet

America’s top broadband providers had another three months of healthy growth in the quarter that ended on March 31, adding a total of 3.06 million subscribers, according to a recent newsletter from the Leichtman Research Group.

DSL providers such as Verizon and AT&T added 1.66 million net customers in the quarter, bringing their combined broadband user base to 20.2 million. Cable companies like Comcast and Time Warner, meanwhile, added 1.4 million subscribers, bringing their combined total to nearly 25.8 million as of March 31.

This confirms a previously reported trend that DSL providers are singing up new customers noticeably faster than their cable counterparts. This is largely due to the slightly higher price of cable internet plans, which is failing the huge influx of price-conscious dialup converts.