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16 Jan
According to a newly released report from the U.S. Bureau of Labor Statistics, Americans now spend more on their cell phones than on land lines services. The typical U.S. consumer spent $1,110 on telephone services in 2007 (the most recent year in which statistics are available), with $608 going for cell phones, $482 for landlines and $20 for other services. The older the user, the more likely that person was to maintain a landline. The younger the user, the more likely that person was not to have a landline at all.
On average, users under 25 spent 75% of their phone service money on cell phones. For people over 65 that figure dropped to 33% of money spent. Since 2003, land lines have been declining in popularity, with more and more people choosing cell phone service or internet phone service as their main mode of communication. In the single year from 2003 to 2004, land line use dropped 60%, with another drop of 53% between 2004 and 2005.
Tags: Business, Cell Phones, charges, Landlines
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