U.S. Broadband Subscription Growth Flattens, But Fixed Wireless Heats Up

DURHAM, N.H.—Broadband internet subscription growth was fairly flat for Q3 2022 as churn kept numbers down, however new fixed wireless services now on the market are helping to stem the bleeding, according to a new report from Leichtman Research Group.

LRG found that the largest cable and wireline phone providers and fixed wireless services in the U.S.—representing about 96% of the market—acquired about 825,000 net additional broadband Internet subscribers in 3Q 2022, similar to a pro forma gain of about 820,000 subscribers in 3Q 2021.  These top broadband providers account for about 110.8 million subscribers, with top cable companies having about 75.6 million broadband subscribers, top wireline phone companies having over 32 million subscribers, and top fixed wireless services having about 3.2 million subscribers.