Cable broadband penetration reaching saturation point, says MoffettNathanson

Cable may have been successful in grabbing a large handful of disgruntled DSL subscribers who want higher speeds not available from their telco, adding about 790,000 customers in the third quarter, but MoffettNathanson analyst Craig Moffett says that cable's growth spurt is coming to an end.

"Broadband in the United States is rapidly approaching saturation, and the pool of legacy DSL subscribers from which cable has recently drawn so much market share is rapidly declining," Moffett said.

FierceCable has this report.

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