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Cable Industry Needs to Spend Heavily on Upgrades 126

BlueCup writes "A report from the cable industry's research arm suggests that Cable-television operators require another round of multibillion-dollar network upgrades to keep up with rivals in the fast-growing high-speed Internet hookup business. The conclusions underscore the challenges posed by the rapid growth of broadband video from YouTube and Google, and the looming threat of a planned $20 billion rollout of high-capacity fiber lines by U.S. phone giant Verizon Communications Inc."

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