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ISP Market Research

Subscriber Values

ISP-Planet released new U.S. ISP rankings, and the changes in ISP subscriberships are reflected in the calculations of subscriber values.

ISP-Planet Staff
[February 22, 2002]
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With new subscriber rankings changing the number of subscribers for many ISPs, the value per subscriber for most ISPs has changed, most notably in the case of AOL, where rising subscribers and falling market cap combined for a sharp drop in per-subscriber value from the previous month.

Values reflect market close on February 20, 2002.

ISP Subscriber Value:  $678

Stock Symbol

ISP

Value per subscriber

Market Cap
(millions)

Number of subscribers


[AOL]

AOL

$2,935

$107,124

36,400,000

[ELNK]

Earthlink

$264

$1,269

4,800,000

[UNTD]

United Online

$137

$199

1,460,000

[LOAX]

Log On America

$31

$0.9

30,000

[GEEK]

Internet America

$24

$3.5

142,000

AOL subscriber numbers include RoadRunner and CompuServe.

Juno and NetZero have merged into United Online. We report only paying subscribers for the merged company.

EarthLink includes 172,000 webhosting accounts in its subscriber numbers.

Log On America's subscribers are as reported verbally, and Internet America's subscribers are as of Dec. 31, 2001.

ISP subscriber values without AOL would average $114 per subscriber.

 

Cable ISP Subscriber Value:  $254

Stock Symbol

ISP

Value per subscriber

Market Cap
(millions)

Number of subscribers


[RCNC]
RCN
$293
$141
481,587

[HSAC]

High Speed Access

$214

$43

200,000

RCN subscriber numbers include subscribers to the StarPower joint venture (a joint venture with Pepco Communications, L.L.C., a utility's subsidiary). RCN reported 119,955 cable Internet subscribers and 361,632 dialup subscribers.

High Speed Access has scheduled a shareholder meeting "to approve the sale of substantially all of its assets to Charter Communications" on Feb. 28, 2002.

 

Mobile Wireless ISP Subscriber Value:  $730

Stock Symbol

ISP

Value per subscriber

Market Cap
(millions)

Number of subscribers


[GOAM]

GoAmerica

$730

$79

108,446

GoAmerica continued to do well on various positive news items including a deal with IBM Global Services. GoAmerica subscriber data is as of Sept. 30, 2001.

Motient filed for Chapter 11, and will be added back to the chart when restructuring ends, which should be soon.

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