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Telcos Continue Slide With Broadband Subs, While Cable Firms Gain, LRG Reports

The largest cable and phone providers, representing 95 percent of the market, added some 800,000 net broadband internet subscribers in Q1, Leichtman Research Group reported Friday. The top cable companies had 845,000, 84 percent, of subscriber additions, while the top…

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phone companies lost about 45,000 subscribers, similar to the number of net losses in the year-ago quarter. Telcos have had combined net broadband losses for eight consecutive quarters, it said.