In U.S. broadband, cable is eating the Bells’ lunch


By Om Malik – The news isn’t all that bad. For example, Verizon continues to add subscribers for its fiber broadband service FiOS. It added 134,000 net subscribers in the second quarter of 2012, down from 189,000 it added in Q2 2011.

In the end, phone companies added 687,000 higher-speed broadband customers but lost 781,000 DSL customers. So in order for AT&T and Verizon to keep fighting cable, it is pretty clear: they need to keep offering better broadband services and higher speed packages. more> http://tinyurl.com/c3dzo38

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