VoIP Responsible for Cable Telephony Subscriber Growth
Source: www.voip-news.com
The folks at the research firm In-Stat are reporting that VoIP technology has been an integral part for cable telephony services and subscriber growth, particularly recently. The increasing availability of VoIP services in North America has been a key part in the almost two-fold increase in the number of subscribers last year.
“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.”
In-Stat’s research also found:
Worldwide cable telephony subscribers increased to over 22 million in 2006, up sharply from 15.8 million in 2005.
Cable telephony service revenues are also growing at a rapid pace and are projected to reach $10.4 billion in 2007, up from $7.9 billion in 2006. North America will account for two-thirds of the worldwide service revenues in 2007.
In a few countries, the number of VoIP-based cable telephony subscribers has already exceeded the number of circuit-switched cable telephony subscribers. One of these countries is the US, where there are over 6.6 million VoIP subscribers and just 2.8 million circuit-switched subscribers.
Cable telephony’s growth spurt in the US market has been a relatively recent phenomenon. According to a US consumer survey, forty-two percent of all US cable telephony subscribers signed up for the service during the past 12 months.
