The Globe and Mail reports in its Thursday edition that a new study says that the number of Canadians cutting the cord on their television services is expected to increase this year.
A Canadian Press dispatch to The Globe says that the Convergence Research Group estimates in a report released on Wednesday that TV subscriptions in Canada will drop by 247,000 this year, up from 220,000 subscriber losses last year.
That would represent an annual drop of 2 per cent, and the consulting firm says that decline is expected to grow by 3 per cent in 2019.
The report estimates 3.8 million households, or 26 per cent, did not have traditional TV services at home last year and projects that will rise to 4.18 million, or 28.4 per cent, this year.
Canada's telcos have been racing to add next-generation TV services such as streaming to their offerings in a bid to retain and add new TV customers.
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