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Cable Modem Revenues Jump 10%
By: MarkJ - 03 December, 2003 (1:28 PM)

Global revenue for cable modems, the broadband technology used by operators such as NTL, climbed a further 10% during the third quarter 2003 to $252m:

Cable modem revenues are likely to hit $958m this year, according to a report from Infonetics Research.

Richard Webb, lead author of the report, explained that the 10% jump reflects growing cable broadband subscriptions, and puts the cable modem market on track to grow 26% in 2003 to 12.6 million units.

"Voice and wireless functionality are the big hopes that could continue to drive cable [modem] unit sales to new subscribers, as well as to existing customers replacing older basic modems," he said in statement.

Motorola continues to dominate the market, more @ VNUNet.

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