Cable / Telecom News

Canadians continue to cut phone, TV cords, says report

TORONTO – More Canadians are dropping their home telephone lines and TV subscriptions, according to a new report from Toronto’s Convergence Consulting. Canadian telco residential wireline telephone line loss was 7.4% in 2011 (up from 6.9% in 2010) and the research company forecasts 7.8% for 2012 and 8.5% for 2013. The report, part of the company’s “The Battle for the North American Couch Potato” series, estimates wireless substitution was responsible for more than half (53%) of last year’s loss, up from 37% in 2010. “We estimate Canadian wireless-only households at 14.8% YE2011, and forecast 18.1% YE2012 and 21.6% YE2013 (YE is year-end)....