Broadband-shifting bigger influence than cord-cutting

Cable and satellite providers ended Q2 with more broadband subscribers than video customers, according to Leichtman Research Group.

An important distinction is that the pace of cord-cutting declined during the quarter as many customers simply shifted to packages such as U-verse or FiOS away from traditional cable.

Analyst Craig Moffett notes the pay-TV industry is growing revenue at twice the clip as the wireless business which seems to defeat the suggestion of some that it's a dying entity.

Related stocks: CHTR, CVC, TWC, DISH, DTV, VZ, T.

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Comments (8)
  • Esekla
    , contributor
    Comments (4758) | Send Message
    A pretty good description of what's happening. It's a shame, though, that the U.S. can't catch up to the rest of the world, and thus that consumers have such terrible options in this arena. The FCC needs to realize that local wires are just like local streets and end the regional monopolies.
    15 Aug 2014, 11:47 AM Reply Like
  • alohafalls
    , contributor
    Comments (144) | Send Message
    Given the conditions of our streets (infrastructure) I would rather have private industry in charge of broadband.
    15 Aug 2014, 02:15 PM Reply Like
  • Hank890
    , contributor
    Comments (2267) | Send Message
    Yes, the de facto wireline monopolies are hurting overall economic growth, not just in media, but throughout the economy, in my opinion.


    My wife and I despise Comcast because they offer such low-quality service at a sky-high price, and the FCC does not seem able or willing to fix this type of economic injustice. If we drop our TV service with Comcast, they only lower our monthly bill by about 10%. In effect they use their monopoly power to bilk us, and the FCC should not be allowing this.


    There really need to be multiple sources of reliable and low-cost broadband transmission to homes, with or without a wire the last 1000 feet. Otherwise, the FCC is allowing vampire companies like Comcast to open our veins and drink our blood.
    15 Aug 2014, 12:03 PM Reply Like
  • crazty4tennis
    , contributor
    Comments (1267) | Send Message
    Try talking to their phone representatives? They're not with the programme and keep the caller on hold for hours!
    19 Aug 2014, 09:16 AM Reply Like
  • Rajoy
    , contributor
    Comments (16) | Send Message
    "simply shifted to packages such as U-verse or FiOS away from traditional cable." How is this different? FiOS and U-Verse belong to large Telco companies that while not cable do not really offer better options for customers nor are they interested in doing so. I would like to see Google get serious about building out its Fiber project and take on these telcos...
    15 Aug 2014, 02:19 PM Reply Like
  • Hank890
    , contributor
    Comments (2267) | Send Message
    The problem is not fiber optics distribution; there is plenty and it is not the expensive part. The expensive part is the last 100-500 feet from the curb. Which is why RF transmission from the curb or nearby (similar to cells) is a better choice these days.
    15 Aug 2014, 03:26 PM Reply Like
  • keu4bike
    , contributor
    Comments (460) | Send Message
    I would like to see local utilities putting in fiber to the smart meter and then either leasing space or competing with the cable/broadband/telco providers. This infrastructure is so important I can see (at least some) justification for making it public or regulated.
    17 Aug 2014, 08:03 PM Reply Like
  • crazty4tennis
    , contributor
    Comments (1267) | Send Message
    It seems that we're always behind the other countries. What happened???
    19 Aug 2014, 09:17 AM Reply Like
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