Without Obama's Help High-Speed Internet Subscribers to Fall 12 Percent in '09

High-speed Internet providers also may be looking for some help, according to Pike & Fischer’s (News - Alert) new report, titled “Broadband Competition Outlook 2009.”

 The cable industry will capture about 75 percent of new broadband subscribers, according to the report. While telephone companies such as Verizon (News - Alert) and AT&T are providing new fiber-optic Internet services that can exceed the speeds offered by cable, most of their service areas are covered only by DSL service, which consumers are increasingly spurning because its speeds are slower than cable, the firm says.

Without Obama's Help High-Speed Internet Subscribers to Fall 12 Percent in '09