Sunday, March 27, 2011

Cell Phones for Everyone

The annual survey on cell phone use in the US came out last week. A couple of interesting things struck me. We now have 303 million subscribers and a population of 311 million. That means we have one cell phone for everyone over the age of 2 here in the US.

The total cumulative capital investment since 1985 is $310 billion or about $1,000 per phone in use. That strikes me as a really small investment given the communication capabilities. I suspect that our hardwired phone system cost a whole lot more.

The return on that investment also appears to be pretty healthy. The average monthly bill is $47.21 or $566 per year. New investment is running about $25 billion per year or 15.6% of gross revenues. That's a fairly hefty investment rate for an industry, although this one is still growing rapidly.

Amazing stuff.

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3 Comments:

Anonymous wholesale cellular accessories said...

No wonder that mobile phones are considered as one of the best buy gadgets in this time. Due to high demand of people using these gadgets, many phone companies are starting to build up businesses in this field. Even growth in their investments grows in just a short period time.

March 31, 2011 at 4:59:00 PM MST  
Anonymous best xbox 360 games said...

As you can see the rate of the persons using cell phones are now increasing. No doubt that many aims to have a gadgets. Technology brings so much change in the life of every citizen. As years passed, the concepts of gadgets are new every time.

April 25, 2011 at 10:36:00 PM MST  
Blogger walter said...

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July 29, 2011 at 12:38:00 AM MST  

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