Broadband Growth Plummets in Second Quarter

Broadband Growth Plummets in Second Quarter

Published: August 11, 2008

... The 20 largest cable and telephone companies added a net 887,000 residential and small-business subscribers in the three months ending June 30, Leichtman Research Group Inc. said Monday. Its tally is based on public reports and estimates...

the slowdown mainly results from a drop in new customers at the phone companies, which added just 23 percent of the customers they added in last year's second quarter... Cable companies did much better than phone companies, adding 85 percent as many subscribers as they did a year ago. ... Cable companies now have 35.3 million broadband customers, compared with 29.7 million at the phone companies. ...