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.
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Just 4 Companies Are Fueling Broadband Subscriber Growth