Wireline penetration has fallen from 88 percent in 2003 to 67.5 percent at the end of 2011. At the end of 2011, there were a mere 69.5 million wirelines.
If you ask around, there aren’t many people who have landlines at home. Instead they are either using their cellphones to make calls or opting for Skype and other broadband-based communication tools. The shift to newer technologies has accelerated the demise of classic phone lines.
Cable keeps offering faster broadband, which has resulted in broadband market share gains. Phone companies have been slow in boosting their broadband speeds, and have suffered because of decrease in demand for DSL.