Tuesday, August 3, 2010

Pyramid: U.S. Mobile Revenue to Overtake Fixed-Line by 2015

Mobile revenue in the U.S. will surpass all fixed-line services in the country by end of 2015, according to a new report from Pyramid Research. The U.S. is expected to add 80 million mobile users over the period -- the most of any developed country.

Pyramid is forecasting that service revenue in the U.S. will reach $362 billion in 2010, making the U.S. more than twice as large as the next most sizable markets - Japan and China - throughout the forecast period. Over the next five years, Pyramid expects total communications service revenue to grow at a CAGR of 2.53 percent to reach $410.2 billion in 2015.

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