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: Researchers discover low-grade nonwoven cotton picks up 50 times own weight of oil

add to favorites email to friend print save as pdf

Related Stories

What the UK Space Agency can teach Australia

Jul 24, 2014

Australia has had an active civil space program since 1947 but has much to learn if it is to capture a bigger share of growing billion dollar global space industry. ...

Water problems lead to riots, deaths in South Africa

Jul 19, 2014

Three babies who died from drinking tap water contaminated by sewage have become a tragic symbol of South Africa's struggle to cope with a flood of people into cities designed under apartheid to cater to ...

Recommended for you

Iliad founder says T-Mobile offer is 'real'

2 hours ago

French telecom upstart Iliad's founder said Friday that the company's offer for US-based T-Mobile is "real" and that he is open to working with partners on a deal.

Law changed to allow 'unlocking' cellphones

2 hours ago

President Barack Obama signed a bill into law on Friday making it legal once again to unlock a cellphone without permission from a wireless provider, so long as the service contract has expired.

Social network challenges end in tragedy

2 hours ago

Online challenges daring people to set themselves ablaze or douse themselves in ice water are racking up casualties and fueling wonder regarding idiocy in the Internet age.

Microsoft sues Samsung alleging contract breach

2 hours ago

Microsoft on Friday sued Samsung in federal court claiming the South Korean giant had breached a contract over cross-license technology used in the fiercely competitive smartphone market.

States debate digital currency

4 hours ago

Now that consumers can use digital currencies like bitcoin to buy rugs from Overstock.com, pay for Peruvian pork sandwiches from a food truck in Washington, D.C., and even make donations to political action committees, states ...

User comments : 0