Residential Phone Customers’ Move to Cable Calling Means Phone Companies Lose $8 Billion Over Five Years, Says Insight Research Corp.

BOONTON, N.J. – Oct. 30 (SEND2PRESS NEWSWIRE) — The top 11 cable operators continue to grab share of the residential phone markets, a move that will cost the incumbent phone companies nearly eight billion dollars over the next five years, says a new market research report from Insight Research Corp.