But they'd better hurry - Virgin no longer even markets its 2Mbps product, and the remaining 2Mbps customers are going to be dragged kicking and screaming onto 10Mbps packages from this month.
Nice to see the cable industry finally doing what I have always believed it could and should do: use its network advantages as a blunt weapon to batter telcos with (Telenet results also show a similar trend and tone - 78% of subs are >12Mbps). In cases where the incumbent is unwilling or financially challenged to respond (4.8x leverage is a steep hill to climb), things are going to get very, very ugly.
This does nothing to bring closer the demise of the bete noir of asymmetry - this person felt strongly enough about the issue to devote a blog entirely to it, but apparently gave up out of despair. (I recently set up a YouTube channel, and people, let me tell you, the upload times are excruciating.)
Still, it's interesting to ponder that telcos who have enjoyed relatively benign financial climes in days-gone-by avoided making the investment in preference for M&A adventurism, share buybacks and dividends, only to find themselves now under duress to play catch-up in much less forgiving conditions. I've heard this story somewhere before.