Briefs: U.S. wireless market posts healthy growth

Dec 29, 2005

The number of wireless subscribers continues to rise steadily, Standard & Poor's said in a report Thursday.

In a study on the U.S. cell-phone market, the credit-rating agency said that subscription is seeing "healthy low-double digit subscriber, usage, and revenue growth," given that cell phones are now essential to everyday and business life.

"Rising data services revenue is helping mitigate declining unit pricing for voice services, and recent industry consolidation provides newly combined companies opportunities for operating efficiencies, while carriers continue to benefit from barriers to entry that include substantial investment requirements and spectrum scarcity," said credit analyst Eric Geil.

But he warned that competition in the industry is still strong and could intensify as penetration growth slows, while ongoing initiatives to improve service quality and data capability are keeping capital expenditures high.

Copyright 2005 by United Press International

Explore further: Impoverished North Korea falls back on cyber weapons

add to favorites email to friend print save as pdf

Related Stories

Carbon-trapping 'sponges' can cut greenhouse gases

Dec 16, 2014

In the fight against global warming, carbon capture – chemically trapping carbon dioxide before it releases into the atmosphere – is gaining momentum, but standard methods are plagued by toxicity, corrosiveness ...

Australia to crack down on online pirates

Dec 10, 2014

Australia's government Wednesday outlined plans to tackle online piracy as it moves to end the country's position as one of the world's top illegal downloaders of television shows such as "Game of Thrones".

Is rider safety the real Achilles heel for Uber and Lyft?

Dec 10, 2014

The growth of ride-hailing companies such as Uber and Lyft so far has not been hindered by limits from government regulators and campaigns by taxi cab competitors. A bigger threat to the new industry's impressive ...

Dutch judges ban taxi service UberPOP (Update)

Dec 08, 2014

Dutch judges on Monday banned the popular ride-sharing service UberPOP from taking bookings via its smartphone app, threatening the US company with fines of up to 100,000 euros ($123,000).

Recommended for you

Impoverished North Korea falls back on cyber weapons

6 hours ago

As one of the world's most impoverished powers, North Korea would struggle to match America's military or economic might, but appears to have settled on a relatively cheap method to torment its foe.

Five ways to make your email safer in case of a hack attack

7 hours ago

The Sony hack, the latest in a wave of company security breaches, exposed months of employee emails. Other hacks have given attackers access to sensitive information about a company and its customers, such as credit-card ...

2012 movie massacre hung over 'Interview' decision

7 hours ago

When a group claiming credit for the hacking of Sony Pictures Entertainment threated violence against theaters showing "The Interview" earlier this week, the fate of the movie's big-screen life was all but ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.