Thursday, August 19, 2010

Almost A Third Of U.S. Households Have Cut The Landline Cord

Almost 30 percent of U.S. households have cut the cord, up from about 25 percent a year ago, says Citi Investment Research analyst Jason Bazinet.

Over the past nine quarters, wireless substitution has accelerated, with more than one percent of households cutting the cord every quarter, or five percent a year, Bazinet says.

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