Videotron Ltee ended 2005 with an impressive 163,000 cable telephony customers - another sign Bell Canada needs to start taking VoIP more seriously. A key development for Bell - and Videotron, for that matter - will be the CRTC's new regulatory approach to local telephony, which is expected to be unveiled in March. It could give Canadian ILECs such as Bell and Telus Corp. more freedom to compete in the $10-billion local market by deregulating the market completely or, more realistically, giving them some more freedom in markets where there is vibrant competition.