Front page of the business section in the Globe and Mail this morning: Bell, Telus face erosion in market share. Convergence Consulting Group is forecasting residential line share loss at 7% for Bell this year, and 5% for Telus. Primarily due to the low cost of entry for VoIP technology, cable companies will capture 6.5% of the residential market this year, 16% by end of 2007, and 27% by the end of 2009.
More details on Convergence’s report can be found on their website. Interestingly enough, Convergence predicts that US cable companies will have less impact in the US residential telephone market than we are likely to experience here in Canada.