September 26, 2012
Cellphones are eating the family budget - eclipsing what they pay for cable TV and Internet
Families across America have cut back on food, clothes and entertainment to make room for ever-higher phone bills. Now, carriers are betting that they can push that bill even higher, as Anton Troianovski explains in The WSJ.
The average household's annual spending on telephone services rose to $1,226 in 2011 from $1,110 in 2007, when Apple Inc.'s iPhone first appeared.
Families with more than one smartphone are already paying much more than the average—sometimes more than $4,000 a year—easily eclipsing what they pay for cable TV and home Internet.
Read full article.
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