Providers Face Slowing Growth For Broadband

PROVIDERS FACE SLOWING GROWTH FOR BROADBAND
[SOURCE: Investor's Business Daily]
One of the growth engines for phone and cable TV companies -- selling broadband Internet services to consumers -- is sputtering. Some analysts forecast that cable and phone companies will add 20% fewer broadband customers in 2008 than last year. They partly blame a slowing economy and weak housing market. The main culprit, though, is that most U.S. Internet users that want to already have upgraded from slow dial-up service to high-speed broadband. One logical result might, at another time, be a price war among broadband providers. Analysts don't think that will happen this time, though -- despite a new price war in unlimited calling plans -- because the providers equally depend a lot on this revenue source.
http://money.cnn.com/news/newsfeeds/articles/newstex/IBD-0001-23137290.htm