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Subscriber
Values
Dial-up, cable modem, or free Internet access
subscriber—the value of each client continues to change as the market's
rebound lifts company values across the board.
by
ISP-Planet Staff
[May 10, 2001] |
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We list public companies only and do not include ISPs that are part of
much larger firm, like MSN, for example. Current subscriber counts are
derived from ISP-Planet's ISP
Rankings
with the exception of AOL, for which we use worldwide subscriber
counts here. WSRN.com
is the source for market data.
History In response to readers' requests, we now provide historical data for the
subscriber values here
.
Transaction data
Third party subscriber value research from MCG Capital Corporation
averages the ISPs that MCG has bought and sold in the past year. Revenue
per subscriber per month is particularly interesting data. Note, however,
that the rate of ISP
deals is declining drastically.
|
ISP Subscriber
Value: $2,459
|
| |
|
|
|
Rank
|
ISP |
Value per subscriber
|
Market Cap
(millions)
|
Number of subscribers
|
|
|
[AOL]
|
AOL
|
$6,973
|
$226,816
|
32,530,000
|
|
[ELNK]
|
Earthlink
|
$348
|
$1,670
|
4,600,000
|
|
[PRGY]
|
Prodigy
|
$56
|
$174
|
2,200,000
|
|
AOL
subscriber numbers include gateway.net, RoadRunner, and CompuServe.
|
|
Cable ISP Subscriber
Value: $521
|
|
|
[RCNC]
|
RCN
|
$613
|
$360
|
920,713
|
|
[ATHM]
|
Excite@Home |
$495
|
$1,475
|
2,300,000
|
|
[WGAT]
|
WorldGate
|
$454
|
$71
|
104,000
|
|
RCN
subscriber numbers include 447,157 dialup and DSL subscribers.
|
|
Mobile Wireless
ISP Subscriber Value: $1,266
|
|
|
[MCOM]
|
Metricom (Ricochet)
|
$3,945
|
$161
|
40,900
|
[GOAM]
|
GoAmerica
|
$2,788
|
$200
|
71,587
|
|
[MTNT]
|
Motient
|
$364
|
$74
|
205,900
|
|
|
|
Free ISP Subscriber
Value: $30
|
|
|
[NZRO]
|
NetZero
|
$19
|
$82
|
4,400,000
|
|
[JWEB]
|
Juno
|
$9
|
$35
|
3,700,000
|
|
Juno
and NetZero now provide
a mix of fee and free services.
|
|
ISP Subscriber Sale Value: $404
(based on subscriber per sale
analysis)
|
| |
|
|
|
Date
|
Buyer / Seller |
Value per subscriber
|
Sale price
(millions)
|
Number of subscribers
|
|
| 9-00
|
Earthlink/OneMain.com
|
$404 |
$308 (approx.) |
762,000 |
5-00 |
Prodigy/FlashNet
|
$275
|
$55
(approx.) |
200,000
|
3-00
|
CoreComm/Voyager.net
|
$1,405 |
$506.1056 (approx.) |
360,000 |
|
1-00
|
OneMain/Radiks.net
|
$536
|
$7.5
|
14,000
|
| 10-99
|
Voyager/ComNet,
TDI Internet, Choice Dot Net * |
(avg.)
$499
|
$12.5
|
25,000
|
| 9-99 |
Voyager/MichWeb, Internet
Connection Services * |
(avg.)
$41
|
$1.2
|
30,000
|
*
Composite figures: Prices and subscriber counts for individual acquisitions were
not available.
Subscriber values are derived
from available market capitalization figures and subscriber disclosures
of publicly traded ISPs. Market data is supplied by wsrn.com
. Subscriber Sale Value is based on reports at ISP
News , an internet.com
publication.
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