Broadband-shifting bigger influence than cord-cutting

|By:, SA News Editor

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.

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