Largest Internet Service Providers Added 670,000 Broadband Subscribers in Second Quarter 2022

Leichtman Research Group (LRG) found that the largest cable and wireline phone providers and fixed wireless services in the US – representing about 96 percent of the market – acquired about 670,000 net additional broadband Internet subscribers in second quarter 2022, compared to a pro forma gain of about 1,000,000 subscribers in second quarter 2021. These top broadband providers account for about 110 million subscribers, with top cable companies having about 75.6 million broadband subscribers, top wireline phone companies having about 32.2 million subscribers, and top fixed wireless services having about 2.2 million subscribers. Overall, broadband additions in second quarter 2022 were 67 percent of those in second quarter 2021. The top cable companies lost about 60,000 subscribers in second quarter 2022 – compared to about 840,000 net adds in second quarter 2021. The top wireline phone companies lost about 85,000 total broadband subscribers – compared to about 50,000 net adds in 2021. Wireline Telcos had about 490,000 net adds via fiber, and about 575,000 non-fiber net losses. Fixed wireless/5G home Internet services from T-Mobile and Verizon added about 815,000 subscribers – compared to about 120,000 net adds in second quarter 2021.