Just 4 Companies Are Fueling Broadband Subscriber Growth
Broadband companies added 1,065,000 net new subscribers in the first quarter, according to data collected by Leichtman Research. And while there are dozens of home internet providers, just four companies accounted for over 94% of all subscriber additions.
Three of them -- Comcast (NASDAQ: CMCSA), Charter (NASDAQ: CHTR), and Verizon (NYSE: VZ) -- have been in the industry for years. But one newcomer is leading the industry in net additions: T-Mobile (NASDAQ: TMUS).
Cable companies stand at a technological advantage to phone companies in delivering high-speed internet to customers' homes. Cable has more bandwidth than a phone line, so they can deliver higher speeds than DSL.
Source Fool.com