Ready, Fire, Aim! - Mihail's Public Blog: $29B residential phone market seeing cheaper alternatives

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Friday, January 10, 2003

$29B residential phone market seeing cheaper alternatives

According to this Wall Street Journal story (subscription required), more phone subscribers are wising up to cheaper alternatives:

The fight for your $36 a month -- the nation's average local phone bill -- is one of the most contentious battlegrounds in the shell-shocked telecom industry. Local phone companies such as Verizon and SBC have long held a chokehold on the $29 billion residential market, largely because customers had no other options. But now, long-distance providers, cable companies and small upstarts are piling into many local markets, offering discounted rates and "bundled" packages that combine local and long distance into a single bill.

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