Additional takeaways from Kagan’s 1st-quarter U.S. Multichannel Subscriber report:
- Cable operators lost 188,000 total video customers. It was a smaller loss than posted by Direct Broadcast Satellite (DBS) and telecommunications (telco) competitors, but it was cable’s worst first-quarter performance since 2013.
- The DBS segment stumbled in Q1 after full-year gains in 2016. The two providers, which both have launched virtual service provider (VSP) alternatives, lost a combined 291,000 subscribers in the quarter.
- The telcos lost further ground behind several prominent retreats from the multichannel business. Combined, the telcos lost 324,000 subscribers in the first three months of the year.
- The combined residential subscriptions for cable, DBS and telco services accounted for 76.7% of the potential residential universe, using figures compiled from U.S. Census reports.
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SOURCE S&P Global Market Intelligence