Broadband Reaches Over 40 Million In U.S.

The 20 largest cable and DSL providers in the U.S. acquired 2.6 million new subscribers in the third quarter, bringing the total of broadband subscribers to more than 40 million, a report said Monday.

The Leichtman Research Group (LRG) said cable now has some 23.2 million subscribers to 17 million subscribers with DSL broadband. DSL continued to add subscribers at a more rapid rate than cable, however, with 1.42 million new DSL subscribers added in the quarter. A total of 1.2 million new cable subscribers were added.

Bruce Leichtman, principal analyst and president of LRG noted that cable broadband providers maintain a 6.2 subscriber advantage over DSL.