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US Broadband growth plummets

Submitted by: KnightMare @ 12:54 PM | Monday, August 11, 2008 | (url: http://ap.google....)

The number of new broadband Internet subscribers in the United States fell in the second quarter to the lowest level in at least seven years, a research company said Monday.

The 20 largest cable and telephone companies added a net 887,000 high-speed Internet subscribers in the three months ending June 30, according to Leichtman Research Group Inc.'s tally, which is based on public reports and estimates. The company started tracking the broadband market seven years ago.

Cable companies did much better than phone companies in the quarter. While the two industries have usually divided new broadband customers evenly between them, 76 percent of the new business went to cable companies in the quarter.

Category: Technology | 4 Comments
Tags: broadband

08-11-08 - 06:20 PM
The majority of people who can afford internet access switched to it long ago along with the fact that the vast majority of the US population has had broadband access for at least a year. I don't think this "research" really says much.
08-12-08 - 10:21 AM
its becasue unsecured routers are so common. why pay for it when your avg user just checks his email and his myspace?
08-13-08 - 09:27 AM
I also think it has to do with lack of competition. A lot of people I know are jaded by Comcast.
08-27-08 - 12:17 AM
Originally posted by telos  
The majority of people who can afford internet access switched to it long ago along with the fact that the vast majority of the US population has had broadband access for at least a year. I don't think this "research" really says much.
Broadband penetration (actual broadband) is still far lower than many other nations. And don't bring in population density; Finland has a lower population density than the US, and even the highest density areas in the States often have shitty internet. There's something broken, and it's probably the lack of competition.
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