Reportbuyer: Wireless Data Drives High Growth in U.S. Telecommunications Industry, says New Report

Reportbuyer, released a new report showing that during 2007, the total revenue for the U.S. telecommunications industry grew by around 8% to reach over $1 trillion.  The telecommunications service revenues reached $458 billion, of which wireless service revenue accounted for approximately 31%.  The study shows that the number of traditional fixed line customers continued to drop sharply during 2007, with Verizon and AT&T both reporting declines of around 10% in residential wireline accounts. The growth in VoIP was a major contributor to this decline, in particular cable VoIP, with subscriber growth rates around 75%.

While overall voice Average Revenue Per User (ARPU) decreased during the third quarter of 2007, data ARPU sustained a steady incline. By late 2007 data service revenues accounted for approximately 18% of total wireless service revenues, up from around 4% in 2004. The majority of wireless data revenues were being generated by non-messaging applications and services such as music downloads, mobile TV, video blogs and Internet-accessed entertainment services.