Biz Services Gains Offset Video Losses

According to Insight Research, cable's video subscriber losses are offset by growth in broadband and business services. The research house says U.S. cable MSOs are on track this year to reach $8.8 billion in annual revenues providing telecommunications services to small and medium-size businesses, despite competition from entrenched telco providers.Next to wireless services, business services is the second largest segment in the $500 billion U.S. telecommunications landscape. Cable operators have demonstrated double-digit revenue growth in business services over the past few years, while their market share is approaching 10%.