Below is a table showing the broadband additions for many of the largest ISPs for both the first and second quarters of 2024. This list is not complete because privately held companies like Cox,  Mediacom, Windstream, and Breezeline don’t announce total broadband customers. However, the carriers on this list represent a huge percentage of the broadband industry, so seeing their performance gives us a peek at the trends in the industry. This group of companies picked up 70,000 more new customers in the second quarter than in the first.

It’s clear that cable companies are starting to lose an increasing number of customers. The losses in the table don’t yet reflect much, if any losses from the end of ACP that died in the middle of May. Most of the companies on this list announced a soft landing for ACP customers for at least a few months, and we probably won’t see the impact of ACP until fall.

To the dismay of other ISPs, the three FWA cellular customers did better in the second quarter than in the first, and collectively picked up 933,000 net customers in the quarter, including 139,000 from AT&T, the newest entrant into the market.

Telcos collectively showed a small gain for the quarter, although all of the telcos reported significant fiber sales. It’s going to obviously take a while to shake free of DSL losses on copper. Lumen continues to underperform the rest of the telcos, which all show modest gains.

Not included on this list is the fiber networks being purchased by T-Mobile. The company recently announced it’s buying into Lumos and Metronet, and those sales will take a while to close, But those acquisitions give T-Mobile a sizable, and quickly growing fiber business.