US broadband subscriber growth is heating up, and analysts think cable companies like Comcast and Charter will grab market share from Verizon and AT&T

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Analysts expect cable to continue to eat into telecom's market share, becoming 69% of the market by 2020.

Broadband growth accelerated in 2018, according to a research note from UBS.

Cable companies are growing their broadband subscriber base, but it comes at the expense of telcos and the trend will continue, according to a new research note from UBS. Analysts expect cable to continue to eat into telecom's market share, growing to 69% of the market by 2020. Cable companies are winning broadband share from telecom companies because they have a speed advantage, UBS wrote. Nearly all of its footprint can access 1 gigabit speeds. Telecom companies, on the other hand, can offer access to gigabit speeds in about 25% of their footprint.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. stocks open higher on reports that U.S.-China trade deal is nearSell the market when the deal is clinched.
Source: MarketWatch - 🏆 3. / 97 Read more »