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Spot on again.

Outside Portland, though, I see T leading with telephony, at least in those franchises that are not already ATHM partners. This introduces the idea of integrated VAS, and leads both consumers and cable cos. to ATHM.

Even in Portland, T could lead, for example, in those neighbourhoods with less promising demographics for ATHM. Remember the 48% of homes without any desktop. T is after these too, and may be able to offer substantial economies over the RBOCs.

T's CLEC play is the real news of the day, and to me it looks good for T and for the consumer.
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