Telecom Articles - Written by Arthur Hughes - 1 Comment
Who Will Own the Pipe?
AT&T and Verizon are losing 3 percent to 5 percent of their landline customers every year.
In 2005 Verizon had 50.7 million business and residential phone lines — plain old telephone service or POTS — down 5.5 percent from the same time in 2004. Where are these customers going? Some people with cell phones are discontinuing their land line phones. Others are going to telephone service provided by cable companies like Comcast. Still others are shifting to Vonage or Skype. Is this a problem for the phone companies?
The situation is not as bad as you might think.
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