U.S. broadband market – additional information
The number of subscribers has been growing steadily over the years; from about 73 million in the first quarter of 2010 to around 93 million in 2016. With more than 24 million broadband internet subscribers, Comcast is the most popular cable provider in the United States. Comcast, a market leader since early 2011, accounts for over 40 percent of all broadband internet subscriptions in the United States. With annual revenues of more than 80 billion U.S. dollars and a market value of around 143 billion U.S. dollars, the Comcast Corporation is one of the biggest media companies in the U.S. and a leading telecommunication operator worldwide.
Charter is the second biggest cable provider in the United States, with about 22.6 million subscribers. In 2016, Charter completed the acquisition of Time Warner Cable and Bright House Networks, significantly expanding the company. In 2016, Time Warner generated more than 29 billion U.S. dollars in revenue. Subscriptions were one of the main sources of revenue for the company, as over 11 billion U.S. dollars in revenue was attributable to the segment.