WASHINGTON-The wireless industry is a $100 billion business.
The U.S. Census Bureau today said revenues for cellular and other wireless telecom firms rose to $104 billion in 2003 from $92 billion the previous year, an increase of 14 percent.
The government report, “2003 Service Annual Survey: Information Services, Broadcasting and Telecommunications” shows revenues for the nation’s broadcasting and telecommunications information firms increased 2 percent to $490 billion in 2003 from $482 billion in 2002.
Other highlights had revenues for wired telecommunications carriers down 6 percent, to $223 billion, with fixed long-distance revenues falling 13 percent, to $53 billion.
Wireless telecom services increasingly are cutting into local landline telephone and long-distance market shares.
The Census Bureau said estimates in the report are based on data from the 2003 Service Annual Survey. The agency said estimates contain sampling and non-sampling errors, noting that to keep the identity of an individual firm confidential some estimates may be suppressed.
