With Nearly 7 Million Fixed Wireless Users, T-Mobile and Verizon Have Captured Over 6% of the U.S. Home Broadband Market in Just 2 Years

Fixed Wireless Access
(Image credit: Horizon)

At the end of September 2021, Leichtman Research Group estimated that among the cable operators and wireless companies controlling 96% of the U.S. home broadband market, MSOs accounted for a nearly 70% market share. 

Then nascent 5G fixed wireless access services, recently launched by T-Mobile and Verizon at the time, didn't even factor in LRG's third-quarter tally that year, which saw accounted for U.S. cable companies add nearly 600,000 high-speed internet customers. 

Jump forward to LRG's Q3 2023 tally of the top ISPs serving 96% of the U.S. market, and T-Mobile and Verizon added another 941,000 FWA users. The two companies now collectively reach a base of over 6.9 million home internet customers, mostly at 5G speeds. And that's not accounting for AT&T's recent entry into the fixed-wireless market and the 25,000 subscribers it added inQ3. 

Very quickly, FWA has grown to control around 6% of the U.S. home internet market.

Cable operators, meanwhile, added fewer than 5,000 new wireline broadband customers between them in Q3. Their share of the market has dipped to about 66%.

Of course, a converse narrative is emerging in the U.S. consumer mobile market, where cable company MVNO-based services now control the bulk of new customer additions every quarter. 

(Image credit: Leichtman Research Group)
Daniel Frankel

Daniel Frankel is the managing editor of Next TV, an internet publishing vertical focused on the business of video streaming. A Los Angeles-based writer and editor who has covered the media and technology industries for more than two decades, Daniel has worked on staff for publications including E! Online, Electronic Media, Mediaweek, Variety, paidContent and GigaOm. You can start living a healthier life with greater wealth and prosperity by following Daniel on Twitter today!

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