Report: Verizon Fios steals cable subscribers
Verizon's Fios TV service is stealing business from cable operators, according to a report published by OneTrak this week.
The report focused on 34 cities and towns in Massachusetts where Fios TV is offered. The report said that some incumbent cable operators could experience subscriber losses of 10 percent or more because of Fios competition. Traditional cable overbuilders, like RCN, will likely feel the brunt of the defections, the report said. (Overbuilders are companies that use or build on existing operators' networks to offer service.)
According to the report, Comcast lost about 2.6 percent of its subscribers, or … Read more