Cablecos and telcos to grab bigger share of each other's market

TORONTO – By the end of this year, cablecos are expected to have 12% of residential telephone subscribers in Canada, while telcos will have 2% of TV subs, a report by The Convergence Consulting Group predicts. Showing how the competitors are going after their untraditional business, the report forecasts that cablecos will have 1.56 million phone subscribers at year end 2006, up from 835,000 subs at the end of 2005. By 2009, they’ll have a healthy 27% of the residential market, or 3.3 million subscribers, the consultants predict. The telephone companies will make inroads in television distribution, ending with 200,000...