Cable Telephony to Steal Millions of Telco Customers, says Strategy Analytics

Local phone companies will lose millions of residential customers this year, as cable TV operators launch Voice Over Internet Protocol (VOIP) telephone service into dozens of US markets, according to technology research firm Strategy Analytics.

In a new report, "Cable Takes Aim at Telcos with VOIP," the company predicts that the number of US households using cable-delivered telephony services will grow from 3.3 million today to nearly five million by the end of 2005. In addition to accelerating access-line losses for the Regional Bell Operating Companies (RBOCs), cable’s aggressive move into VOIP will give top operators such as Comcast and Time Warner Cable, an early edge in the race to deliver "triple-play" service bundles combining TV, telephony and high-speed Internet access.

Business Wire via NewsEdge Corporation

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