4G LTE wireless emergence won't kill wireline broadband services, analyst says

The wireless industry's aggressive build out of 4G LTE services may offer consumers and businesses higher speeds, but the technology will not replace wireline-based broadband services, says a new Strategy  Analytics report.

Cable operators clearly have the lead over traditional telcos today in the wireline broadband race, said Jason Blackwell, director of the service provider strategies service at Strategy Analytics. He added that Comcast (NASDAQ: CMCSA) accounted for 44 percent of new broadband subscribers while the new Charter Communications (NASDAQ: CHTR) made up another 47 percent of new subscribers.

While traditional telcos have seen their wireline broadband base dwindle as more consumers abandon slower speed DSL circuits, Blackwell said that "we expect to see increased fiber deployments in the coming quarters, which should help AT&T and Verizon return to growth."

FierceCable has this report. 

Suggested Articles

Mediation between Windstream and spinoff Uniti Group ended as both parties are too far apart on talks that are key to their respective futures.

GTT Communications reported a loss of $26.2 million in its third quarter compared to a net loss of $23.4 million in the same quarter a year ago.

Huawei said on Tuesday that it would give its employees $286 million in cash bonuses as a reward for weathering the U.S. trade blacklisting.