Broadband Subscriber Adds in Q1 Approach 1M; Most Since 2015, Says LRG

Cable and phone MVPDs added 1.16 million broadband subscribers in Q1, the most since Q1 2015, reported Leichtman Research Group Wednesday. That compared with 955,000 subscribers in Q1 2019. Leading broadband providers have 102.4 million subscribers: top cable companies have 69.2 million; top wireline phone companies, 33.2 million, LRG said. Top cable companies had the most quarterly net additions for cable broadband services in 13 years, said analyst Bruce Leichtman. Comcast added 477,000 subscribers, to 29.1 million; Charter added 582,000, to 27.2 million. AT&T lost 74,000, to 15.3 million; Verizon added 26,000, to 6.9 million.