Cable Voip To Be Big
The stock market may have hammered Vonage’s IPO, but that doesn’t mean the Street is bearish on VoIP. One analyst at Sanford C. Bernstein and Company says that cable carrier Comcast will outperform the market, largely because it is aggressively pushing its “triple play” of video, data and VoIP. The news is similarly good for Time Warner and Charter Communications. The Bernstein analyst said AT&T and BellSouth will be hardest hit by defections from legacy systems to VoIP. By 2010, the analyst estimated that there will be 22 million cable telephony subscribers in the United States.
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