2.04.2009

Cell Phone Spending

From The Big Picture Blog:

In 2001, the ratio of spending on residential phone services to spending on cellular phone services was greater than 3 to 1. In 2007, cellular phone expenditures accounted for 55 percent of total telephone expenditures compared to 43 percent for residential phone expenditures.

Annual expenditures for cellular phone services per consumer unit increased from $210 in 2001 to $608 in 2007, an increase of 190 percent. Expenditures for residential phone services per consumer unit decreased from $686 to $482 over that period, a decrease of 30 percent.



Is anyone else surprised it took until 2006 for this shift to occur?




1 comments:

Karen said...

Seems a lot of the change was when young adults set up their own homes they opted to only have a cell phone. Older folks added a cell but didn't eliminate the land line. What does surprise me is the monthly cost of staying connected. Land line used to be a small monthly fee. Cells have all these extras (text, internet, etc) and can run into the hundreds.....PER MONTH!