Comcast to Launch Phone Service

Comcast is set to announce an ambitious push into the phone business, promising to pose one of the biggest challenges ever to the Bell telephone giants, reports The Wall Street Journal.

"Comcast plans to market an Internet-based phone service to 15 million homes by the end of 2005 and to practically all 40 million of the households that have access to its systems within 18 months. The company hopes to have eight million phone subscribers within five years, or 20% of the homes its cable lines pass by."

emily | 7:45 AM | News, Buzz |
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