Not quite cutting the cord, but a step in that direction.
Here in Canada, the broadcast regulator, the CRTC, has mandated all cable companies to provide a basic TV subscription plan capped at $25/month. The order took effect March 1. While the adoption figure so far, 66,000, is not exactly indicative of an avalanche of support, it is significant given that the telcos have completely resisted promotion of the new plan, and are in fact overtly discouraging their uptake.
The CRTC has spelled out what such a plan must offer and has allowed a small option: the carriers may provide the five American channels in the package, that is ABC, CBS, NBC, Fox, PBS. So far, here in the west, only one telco, Shaw Communications, has elected to carry these channels.
Effective December 1 the telcos must also offer complete a la carte channel pricing and stop tying a particular channel to a bundle.