September 18, 2008
US cutting back on home phone
According to a new report by Nielsen, by the end of the year 20 percent or one in five American households will not have a home phone line. As of today, 17 percent of homes rely entirely on cellphones.
As the U.S. economy tightens and consumers look for ways to cut household spending, many are eyeing that landline phone bill, which averages $40 per month per landline household.
... But Wireless substitution doesn't work for everyone. Ten percent of landline phone customers have experimented with wireless-only in their household, but then returned to landline service. Nielsen reports that needing a landline for another service (security system, satellite TV, pay-per-view, fax machine, etc.) is the primary reason people mend the cord.
Read full Nielsen report titled "Call My Cell: Wireless Substitution in the United States".
[via Bits Blog]
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