Satellite gaining on cable

World Brief

Cable is pulling down more dollars for fewer customers, while satellite services continue on cable’s tail, gaining revenues and customers by leaps and bounds, according to a new report from Canada’s broadcast regulator.

Between 1998 and 2002, the Canadian Radio-television and Telecommunications Commission found that cable subscription revenues climbed by 32.1% to $3.4 billion, and cable revenues, which include high speed Internet, climbed 41.1% to $3.9 billion. The number of basic cable subscribers fell 3.2% to seven million in that time.

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