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Cell phone spending to overtake landlines this year

Posted by Joe P on December 19, 2007

Did you know that in 2006, residential and pay phone spending was just $18 more per household than cell phone bills? So it makes absolute sense that 2007 is the year that cell phones become king. And that’s just on a residential level. If we’re going to take business into the equation, the cell phone superiority has been going on for years. But from a residential standpoint, this is just the beginning.

Of course, this isn’t shocking news. We’ve known of a shit from landlines to cell phone only. VoIP services like Skype have aided this move. Not only can you make calls anywhere — cheaply — but you can even sign up for your own phone number for something like $30 per year. Many times, landline spending can come close to that in just one month.

The proof is in the green:

Eric Rabe, senior vice president for media relations at Verizon Communications Inc., said the company’s wireless revenue has grown between 15 percent and 20 percent annually for the last five years, whereas its traditional land line business has been flat year to year, in large part because more than 90 percent of U.S. households already have them.

We’re sure that the existing, familiar infrastructure of the landline is the only thing that keeps it alive. Soon enough, though, we’re going to see it phased out of nearly every home. We just hope they can find a good use for all those lines running down the street.

[The Associated Press]

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Filed under : Cell Phone Service




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