 For instance, Cox offers a number of local/ long-distance calling plans for $25 to $39.95 a month. 19 By late 2002 it Effect of the 1996 Act on Incumbent Local Companies Table 5-6. Wireless and Cable Telephone Pricing Plans, Late 2004 Monthly Company Service rate (dollars) Wireless T-Mobile 1,000 anytime, unlimited night and weekend minutes 59.99 2,500 anytime, unlimited night and weekend minutes 99.99 Cingular 850 anytime, unlimited night and weekend minutes 59.99 2,000 anytime, unlimited night and weekend minutes 99.99 Verizon 800 anytime, unlimited night and weekend minutes 59.99 2,000 anytime, unlimited night and weekend minutes 99.99 800 anytime, unlimited night and weekend minutes 59.99 1,800 anytime, unlimited night and weekend minutes 99.99 Sprint 700 anytime, unlimited night and weekend minutes 50.00 2,000 anytime, unlimited night and weekend minutes 100.00 Cable Cablevision Unlimited local and long distance over VoIP in New York 34.95 Comcast 5,000 local and long-distance minutes/month in New England 49.00 Local service plus 500 minutes long fistance in California, 25.00 Connecticut, and Rhode Island or 90 minutes long to 39.95 distance in other states Sources: Various company web sites and news releases, July-October 2004. had already attracted as many as 30 percent of its cable subscribers to its telephone service in its most mature markets. 20 Given the cable compa- nies' overwhelming share of residential broadband connections (see chap- ter 8), they are now beginning to offer even lower-priced Internet tele- phony service. 21 Third, until recently, the Bell companies were losing the broadband race to their unregulated cable television rivals. Because of this, their opportu- nity for growth had appeared to be diminishing, a fact that they recognized by reducing their capital expenditure budgets in 2002-03 to levels below those of 1995-96 (see chapter 8 and the next section). The FCC's 2003 decision to discontinue line sharing for broadband services may have stim- ulated Bell company deployment of DS