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U.S. Cable Industry to Grow in the Next Ten Years

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SNL Kagan has released a report indicating that the U.S. cable industry is in for a bright next-ten years in terms of revenue. The report focuses on year 2016 up to 2026 and shows that residential revenues will increase by $9.32 billion over the ten-year interval. Contributions for commercial services are expected to push total industry revenue upwards to about $10.42 billion, although video revenues are expected to continue to decline.