While broadband subscriber growth is slowing for many telcos, that does not appear to be the case for now for Frontier Communications (formerly Citizens Communications). The Stamford, Conn.-based independent telco added 16,300 DSL broadband customers in the quarter, about 17 percent more than the same quarter year. The company now has broadband penetration of 36 percent.
While the major telcos like AT&T and Verizon reported growth in TV customers and broadband Internet customers as part of their second quarter earnings, broadband growth rates have been slowing. In particular, DSL numbers have been dropping off considerably, and telcos also have started to see economically-burdened customers disconnect their broadband services.
- read this report at Telephony