News Burst: European cable modem use to soar

Europe is set for a massive increase in the use of data over cable services, according to a report today from IDC.

The number of cable modem users is predicted by IDC to grow exponentially over 1998-2003, with total revenues from cable modem shipments set to increase from $33m (£20.1m) in 1998 to almost $550m (£335m) in 2003.

Full story to follow.