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VoIP should finally bring competition in phone market: NBI/Sone

News | 11/25/2004 5:00 am EST

The introduction of Voice over IP (VoIP) technology into the telecommunications market will finally threaten the ILECs’ stranglehold on the market and create competition, argues a new report on the sector. NBI/Michael Sone Associates predicts that by 2007, the incumbents will hold only 83.7% of the residential market, and that the number of VoIP subscribers will rise to 1.1 million – about 9% of the total residential share of wireline local access lines. Further, NBI/Sone forecasts that cable companies will have 53% of the residential VoIP market.

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