Report: Broadband Subscribers to Surpass Dial-Up by Late 2006

Authored by Mark Hefflinger on August 2, 2004 - 9:15am.

Washington, D.C. -- By late 2006, more people will be using broadband Internet connections in the U.S. than dial-up services, according to new figures from the Yankee Group. The milestone had been forecast to occur later, but the firm said that the number of DSL subscribers has grown faster than previously expected. "We forecast that by year-end 2008, there will be more than 52 million broadband households," said Patrick Mahoney, an analyst at Yankee. "The 2004 forecast is marginally higher than the 2003 forecast, because of slightly higher than expected take rates, as well as continued low pricing by DSL, increased speeds and availability." Comcast, the largest U.S. cable TV operator, led all broadband providers with 5.7 million subscribers at the end of the first quarter, while SBC led the DSL category with just under 4 million.
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