Cable taking voice subs faster than than telcos can take video, says report

TORONTO - By the end of 2006 Canadian cable companies will have 12% (1.57 million) of residential telephone subscribers in Canada and 27% by year-end 2009 (3.35 million), says a new report released today. This is up from 6% at the end of '05 (835,000), says the latest installment of The Convergence Consulting Group's "Battle for the North American Couch Potato: Bundling, Internet, TV, Telephone." While the inroads traditional cable companies are making in voice are strong, the report doesn't have a similar forecast when it comes to the traditional ILEC's push into video. Telcos will have 2% (220,000) of...