I wish that we had more broadband competition in my local area, instead I have choice A or B. Looks like my choice B is kicking the crap out of my A.
Originally posted on Gigaom:
The eighteen largest cable and telephone companies that account for 93 percent of the broadband market added 3 million net subscribers during 2011, according to data from Leichtman Research Group, a Durham, NH-based market research group. At the end of 2011, there were 78.6 million broadband subscribers — 44.3 million with cable companies and 34.3 million with the phone companies.
How does this stack up against total net additions during 2010? Not that well. During 2010, the 19 top companies accounting for 93 percent of the market added about 3.4 million to end the year at 75.1 million subscribers.
Of the 3 million net new additions, nearly 2.3 million of the subscriptions going to cable companies. The phone companies in comparison added 750,000 broadband subscribers. In the fourth quarter of 2011, cable and telephone providers added 765,000 subscribers, with cable companies adding nearly 82 percent of the new connections.