500K Broadband Internet Subscribers added in 2nd Quarter 2018

According to new research from Leichtman Research Group, Inc.,  the largest U.S. cable and telephone providers of broadband Internet service had a net gain of nearly 500,000 new subscribers in the second quarter of 2018, doubling the net gain from the same quarter one year ago.

Additional findings:

• Top phone companies reported having a net loss of 130,000 subscribers, continuing the loss trend in each of the past nine quarters.
• Despite the gains in 2^nd quarter, broadband providers added nearly 2.2 million net new subscribers, down from the 2.5 million added during the same period a year ago.

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