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View Full Version : 2002 a Record Year for Broadband


Steve Mehs
04-01-03, 03:53 AM
Leichtman Research Group released research Monday that shows the leading cable and DSL providers in the United States are serving more than 17.4 million high-speed Internet subscribers as of year-end 2002.

Also during 2002, major U.S. cable and DSL providers added a combined 6.4 million subscribers for their speedy Internet services. Leichtman Research found that broadband Internet subscriber growth in 2002 was the highest ever, exceeding 2001’s 5.4 million net additions.

The top cable companies netted 67 percent of broadband customer additions for 2002, Leichtman Research said, with cable adding 4.3 million broadband Internet subscribers compared to 2.1 million added by major DSL providers. The top cable operators now account for more than 11.25 million broadband Internet subscribers, maintaining a 65 percent share of the market versus DSL, the firm said.

Leichtman Research also forecasted that the total number of broadband cable and DSL Internet subscribers in the United States will surpass the number of dial-up/narrowband subscribers in 2005 and will grow to nearly 49 million by the end of 2007.

"The expectations for broadband growth have come to fruition as 12 million U.S. subscribers have added DSL or cable Internet services in the past two years," said Bruce Leichtman, president and principal analyst for Leichtman Research Group. "While the future for broadband continues to look bright, new challenges for growth will arise as the need to attract a more price sensitive consumer base increases."

From SkyReport (http://www.skyreport.com/skyreport/apr2003/040103.shtm#two) (Used with Permission)