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VoIP driving cable telephony subscriber growth
2007-04-25
"In a growing number of markets around the world, cable TV operators consider telephony service to be an integral part of their telecommunications service bundle," says Mike Paxton, In-Stat analyst. "This has led to increasing service availability in North America, Europe, and in a few countries in Asia."
Worldwide cable telephony subscribers increased to over 22 million in 2006, up sharply from 15.8 million in 2005, according to In-Stat, noting that cable telephony service revenues are also growing at a rapid pace and are projected to reach US $ 10.4 billion in 2007, up from US $ 7.9 billion in 2006.
North America will account for two-thirds of the worldwide service revenues in 2007, said the research firm, adding that in a few countries, the number of VoIP-based cable telephony subscribers has already exceeded the number of circuit-switched cable telephony subscribers.
In-Stat says that in the US, there are over 6.6 million VoIP subscribers and just 2.8 million circuit-switched subscribers and that the cable telephony's growth spurt in the US market has been a relatively recent phenomenon. According to a US consumer survey, 42% of all US cable telephony subscribers signed up for the service during the past 12 months, says In-Stat.
By Eric Mah
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Providers in database: 3315
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