The Telecommunications Industry Association (TIA) said wireless revenues in the U.S. totaled $174.7 billion in 2005, up 10.7 percent from 2004. The growth drivers were the acceleration in handset revenue and new wireless subscribers. According to the association's annual report, the wireless handset and device market totaled $15 billion last year, with the expectation that the market will increase 19.3 percent this year. Carriers added a record 25 million customers in 2005. TIA said that the recent uptick in wireless subscribers is due in part to moderate price increases and the introduction of new uses for wireless devices.
To read more about the TIA's annual report:
- check out this article from Telecommunications Online