A first for the cable companies – they lost broadband customers in a quarter. Just over sixty thousand of them, in fact. According to Leichtman Research Group‘s quarterly tally of the U.S. wireline internet business, the top seven cable companies lost market share, and it appears due to market saturation.
A small detail – fixed wireless access was a factor too, as T-Mobile and Verizon combined gained over eight hundred thousand subscribers.
Why do we care?
Market saturation… sure… although that fixed wireless insight is something else. That’s the 5G promise, right? Moving to fixed wireless rather than wired to connect. This is a data point that says it might just be happening. And that’s why we care – it might just be viable… finally.