Read More/Source: Reuters
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NEW YORK (Reuters) - Major U.S. cable companies are preparing to challenge telephone companies on their most profitable turf -- the business services market.
After winning over many consumers by packaging phone, Internet and TV services into attractive bundles, cable is planning to attack the estimated $100 billion corporate market next by deeply undercutting prices offered by phone rivals.
Cablevision Systems Corp. said it can give discounts as high as 60 percent to small businesses, defined as up to 20 phone lines, compared with what they would pay a phone company like Verizon Communications Inc..
Cablevision said it can take advantage of its network to offer business quality services at the same price as to residential premises.
Aug 25, 2006, 05:27 PM
