U.S. Cable Broadband Monopolies Close In On 70% Broadband Market Share

U.S. Cable Broadband Monopolies Close In On 70% Broadband Market Share

4 years ago
Anonymous $UzyKJJH9oy

https://www.techdirt.com/articles/20200825/08364445174/us-cable-broadband-monopolies-close-70-broadband-market-share.shtml

The U.S. telecom industry's monopolization problem shows no sign of slowing down.

According to the latest data from Leichtman Research, the cable industry is nearing a 70% market share over fixed line broadband. That's thanks to many reasons, not least of which being that most U.S. phone companies have effectively given up on seriously upgrading their aging DSL lines, driving a greater portion of Americans to the only companies actually offering modern broadband speeds: Charter (Spectrum) and Comcast. Phone companies collectively lost another 150,000 subscribers last quarter, while cable providers added about 1,400,000 users in just three months.