Wireless Phone Giants Are Stealing Internet Customers From Cable
- Cable-free internet rivalry is dawning, Bloomberg data show
- 22% of the gains of the top 5 providers went to fixed wireless
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A new generation of high-speed radio frequencies is allowing phone companies to grab a larger share of home internet subscriptions from cable TV operators.
Of the 3.7 million new broadband customers signed up by the five biggest cable and telephone companies last year, 22% went to wireless connections, according to data compiled by Bloomberg.