WHY THIS MATTERS:Despite cable's improvements, pay TV lost 2.05 million subscribers in 2016, nearly double 2015's 1.16 million, while over-the-top services continued to thrive, Convergence Research Group found in its annual "The Battle for the American Couch Potato" report.
WHY THIS MATTERS:The near-gig service, which starts at $69.99, follows the telco's January launch of Fios Instant Internet, a symmetrical 750-Mbps service that was initially available to about 7 million homes and businesses.