Comcast, Charter expand broadband domination as cable hits 67% market share
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Led by Comcast and Charter, the cable industry increased its dominance of US home Internet in 2019, finishing the year with a 67-percent market share.
Leichtman Research Group's latest broadband-market review found that the top eight cable companies combined to add 3.14 million broadband subscribers in 2019, reaching a total of 67.98 million. Comcast and Charter accounted for most of the total subscribers and most of the gains: Comcast added 1.41 million subscribers in the year to reach 28.63 million, and Charter added 1.41 million to reach 26.66 million. Cox, the third biggest cable company in the Leichtman review, added 110,000 subscribers to hit 5.17 million. The net additions for each company were slightly higher than in 2018.
The top eight traditional phone companies, which offer a mix of copper and fiber services, lost a combined 619,605 subscribers to reach a low of 33.24 million in 2019. The top four telcos-AT&T, Verizon, CenturyLink, and Frontier-all lost subscribers.
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