As cable lures business, AT&T, Verizon margins erode

AT&T Inc. and Verizon Communications Inc., the biggest U.S. telephone companies, lost millions of consumers to cable television providers. Small businesses, their most profitable accounts, may be next. Comcast Corp., the largest U.S. cable-television service, has snatched 3.8 million residential phone customers since 2004 and will spend $3 billion to sign up 20 percent of small ...

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As cable lures business, AT&T, Verizon margins erode

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