Leichtman Research: Record Setting Growth for Broadband Internet in the U.S.

Leichtman Research Group (LRG) finds that, as of the end of 2002, the leading cable and DSL providers in the United States accumulated a total of over 17.4 million high-speed Internet subscribers. The year also saw record growth as the major US cable and DSL providers added a combined 6.4 million subscribers during the past year.

LRG forecasts that the total number of broadband cable and DSL Internet subscribers in the U.S. will surpass the number of dial-up/narrowband subscribers in 2005 and will grow to nearly 49 million by the end of 2007 (click here for graphic).

The research firm indicates that broadband use grew 58% from 2001 to 2002, reaching now approximately 15% of U.S. households.