SOURCE: Pike & Fischer

December 04, 2006 11:25 ET

Broadband Subscribers Could Total 54 Mil. by Year End, Pike & Fischer Concludes in New Report

SILVER SPRING, MD -- (MARKET WIRE) -- December 4, 2006 -- The top U.S. cable operators and telephone companies collectively gained 2.45 million new residential high-speed Internet customers during the third quarter of 2006, and should reach or exceed a total subscriber count of 54 million by the end of the year, market research firm Pike & Fischer concludes in a new report.

The cable industry's total count of high-speed data customers continued to keep a large stride ahead of telephone companies' broadband customer numbers, P&F finds. At the end of the third quarter, cable operators collectively boasted a total of 28.6 million high-speed Internet customers, compared to the phone companies' count of 22.9 million.

But the phone companies are adding new customers at a faster rate than cable operators, having garnered 58% of the net new customer addition in the third quarter, the report states.

The phone company customers are made up primarily of digital subscriber line (DSL) users, although Verizon ended the quarter with more than 500,000 homes receiving its new fiber-optic broadband service, FiOS.

Pike & Fischer, a BNA company, offers a host of research and analysis on the telecommunications industry.

The report, entitled "Cross-Industry Analysis: Telco Broadband vs. Cable Modem Service," is priced at $199. For analyst commentary, contact Scott Sleek at 301-562-1530, x291 / ssleek@pf.com

For a complete list of Pike & Fischer reports, see the firm's Web site: www.broadbandadvisoryservices.com. Orders may be placed at the Web site or by contacting Jonathan Wentworth Ping at 212-576-8741 / jping@pf.com.

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