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Experts: New Prepaid Wireless Subscriber Growth Rate Continues To Outpace Contract-Based Wireless; Major Milestone in U.S. To Be

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Posted July 27, 2011

*** 07/28/11 New Millennium Research Council News Advisory ***

New Data Released by NMRC Updates March 2010 Forecast of Accelerating Prepaid/No-Contract Growth

WASHINGTON, D.C.///News Advisory///The growth rate in prepaid (no-contract) wireless services continues to dramatically exceed that of postpaid wireless, according to new data to be presented on Thursday (July 28, 2011) by the New Millennium Research Council (NMRC) think tank.

NMRC will detail how prepaid wireless is now growing rapidly enough in the U.S. that the nation will reach a major "tipping point" in consumer behavior by the end of calendar year 2011.  

As it did in a similar news conference in March 2011, NMRC will cite leading industry data to document the new developments in wireless customer behavior that will be discussed during the news event.

Experts will discuss what the new trend in cell phones means for consumers, where things may go next, and what consumers should look for when subscribing to a cell phone plan.

News event speakers will be:

  • Sam Simon, senior fellow, New Millennium Research Council; and
  • Telecommunications analyst Mark Lowenstein, managing director, Mobile Ecosystem.

TO PARTICIPATE:  Reporters can join this live, phone-based news conference (including full, two-way Q&A) at 11:30 a.m. EDT on July 28, 2011 by dialing 1 (800) 860-2442. (Ask for the "wireless subscribers trends" news event.)  To hear the NMRC telenews event in its entirety, dial in at least five minutes before the start time.

CAN'T PARTICIPATE?:   A streaming audio recording of the news event will be available on the Web as of 6 p.m. EDT on July 28, 2011 at http://www.thenmrc.org.

CONTACT:  Patrick Mitchell, (703) 276-3266 or pmitchell@hastingsgroup.com.

ABOUT NMRC

Created in 1999, the New Millennium Research Council is a Washington, D.C. think tank. The work of NMRC focuses primarily on the fields of telecommunications and technology. The contributors to NMRC reports develop workable, real-world solutions to the issues and challenges confronting policymakers. For more information, please visit http://www.thenmrc.org on the Web.

/PRNewswire-USNewswire -- July 27, 2011/

SOURCE New Millennium Research Council, Washington, D.C.


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