Fiber Broadband is Going Strong in 2022

Third quarter 2022 reports from broadband Internet service providers show continued strong growth in fiber broadband networks. According to reports released in late October and early November for the third quarter:  

• AT&T Fiber had 338,000 net subscriber additions, and it now has 6.93 million fiber broadband subscribers. 
• Verizon gained 61,000 FiOS Internet subscribers – compared to a gain of 36,000 FiOS subscribers during the second quarter of this year – for a total of nearly 6.68 million FiOS subscribers. 
• Lumen added 31,000 fiber broadband subscribers – up significantly from and raised its total fiber subscriber count at the end of the third quarter of this year to 889,000, up from 774,000 at the end of the third quarter of 2021. 
• Frontier added 66,000 fiber broadband customers, a 15.8% growth rate compared to the third quarter of 2021, bringing its fiber broadband customer total to 1.5 million. 

In addition to these fiber broadband subscriber gains, broadband ISPs have continued to deploy fiber to reach many more potential subscribers. For instance, AT&T reported that "AT&T Fiber now has the ability to serve 18.5 million customer locations, and offers symmetrical speeds up to 5-Gigs across parts of its entire footprint of more than 100 metro areas." And Frontier reported that it "[b]uilt fiber to a record 351,000 locations to reach a total of 4.8 million fiber locations, nearly halfway to our target of 10 million fiber locations." 

 

As noted in my August 24 blog post, fiber networks offer high speeds than older technologies. The third quarter results just released by broadband ISPs reveal that even more American are benefitting from fiber networks.