The seven largest U.S. mobile providers, representing more than 95 percent of the market, lost a combined 52,000 subscribers from contract-based plans in the January 2012 to March 2012 period, according to a tally by the Associated Press. The companies have a combined 220 million devices on such plans, accounting for about two-thirds of the total number of devices, according to the Associated Press.
In a sense, that isn't a surprise. Mobile service providers now bank on mobile data plans to drive growth. But many mobile subscribers also are choosing more-affordable no-contract and prepaid plans.
In the first quarter, some two million consumers bought no-contract servivce. That figure, however, is down from more than five million in the same quarter a year ago.
Friday, May 11, 2012
Has U.S. Mobile Business Reached Saturation?
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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