Verizon, AT&T, others watch minutes of use decline while data revenues balloon

The FCC recently released its 15th annual report on the state of wireless competition. The agency did not take a definitive stance on the state of competition in the wireless industry, neither arguing that there is sufficient competition nor that the market is uncompetitive. However, despite the lack of a final conclusion on the matter, the 304-page report remains valuable for a number of other reasons--primarily in that it provides a detailed, largely unbiased snapshot of the current state of the wireless industry. Specifically, the minutes of use on Verizon Wireless (NYSE:VZ) and AT&T Mobility (NYSE:T) declined notably during 2008 and 2009. (For example, AT&T's MOUs declined from 711 in the fourth quarter of 2008 to 670 in the fourth quarter of 2009.) Meanwhile, total wireless industry revenues grew from 2008's $150 billion to 2009's $154 billion, largely on the back of dramatic increases in data revenues. To check out these statistics and more, check out this roundup of the top 10 charts from the FCC's report.

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