Phone cos. lose broadband subscribers for 1st time

Tuesday, August 14, 2012 - 01:30 in Mathematics & Economics

(AP) — Phone companies in the U.S. are losing the high-speed Internet game. In the second quarter, the landline phone industry lost broadband subscribers for the first time, as cable companies continued to pile on new household and small business customers, thanks to the higher speeds they offer in most areas.

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