Cable IP (Internet Protocol) based voice service could save consumers $110 billion a year. That's according to a study commissioned by Comcast, the nation's largest cable operator and one of the most agressive providers of that voice service.
While FCC Chairman Kevin Martin has been pushing cable to lower its bills, the study says cable could help phone customers lower theirs, saying they have already saved $23.5 billion. The study, from Washington-based consulting firm, MiCRA, combines "widely accepted economic data sources and forecasting tools," says the company, to come to that figure of economic impact, based on the premise that each phone customer could save $12 per month of $144 per year by switching to cable voice service, and businesses even more.
Not surprisingly, the study concludes that Congress should pass a law guaranteeing cable companies access to the incumbent phone network's lines.
The study projects that cable phone customers will increase from 12 million in 2007 to 31 million in 2012.
The smarter way to stay on top of broadcasting and cable industry. Sign up below.
Thank you for signing up to Broadcasting & Cable. You will receive a verification email shortly.
There was a problem. Please refresh the page and try again.