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 Send to email | Cable Broadband Growth Beats Telcos 3-To-1 In Q2 in VZTWCTRCNIWINDQ |  By Silicon
el 06-Aug-2008 |
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 More big cable and phone companies have reported their Q2 results, and the trend we spotted last week -- cable companies fiercely beating out telcos for new broadband subscribers -- is even stronger today.
Add in today's results, including Time Warner Cable (TWC) and Qwest (Q), and cable has signed up 74% of the 744,000 net new high-speed Internet subscribers, while telcos have attracted just 26%. That means that in Q2, cable companies signed up approximately three broadband subscribers for every subscriber that signed up for high-speed Internet service from phone companies.
The big difference: Download speed. While big telcos like Verizon (VZ) and AT&T (T) are aggresively building out new super-fast, fiber optic-based networks, cable Internet is still significantly faster than their existing DSL offering in most places. And we think that as high-bandwidth stuff like Internet movie streaming becomes more popular, subscribers are willing to pay a bit more for faster access. So far, that's been to cable's advantage.
We'll keep updating this chart as more companies report Q2 results -- cable company RCN (RCNI), for example, reports on Thursday, and regional telco Windstream Communications (WIND) reports on Friday. But those shouldn't dramatically affect the numbers -- we think these market share figures are pretty set.
See Also:
Telcos Routed: DSL Customers Fleeing To Cable Broadband
Time Warner Cable Q2 Subscriber Growth Solid, Full-Year Profit Forecast Low
The End Of DSL? AT&T, Verizon Show Weak Broadband Growth. Good News For Comcast, Cable?
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| AT&T hits Reno, NV with tiered broadband trials | | AT&T is taking cues from Time Warner Cable and Frontier Communications by implementing a tiered broadband service for customers in Reno, NV - whether they like it or not. Lucky them, eh? Broadband customers will be limited with certain caps depending on their tiered pricing plans and will be charged per gigabyte exceeding their plan. [...] [..] Read complete article | | Published 05-Nov-2008 by Marc Flores in
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| Four Questions For The Cable Guys |  The cable industry converges on New Orleans this week for its annual trade show. The industry is in decent shape -- by cable industry standards. But growth is slowing, and the futu [..] Read complete article | | Published 19-May-2008 by Silicon in SVZCLWRTWCCMCSATWXAAPLMOT
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