Spending on Cell Phone Service Increasing for Older Consumers

Cell phones have become ubiquitous-90 percent of adult Americans now own one-and that has impacted overall spending patterns for telephone service. Analysis of the latest federal Consumer Expenditure Survey finds that spending on cell phone service by consumers aged 50+ is continuing to increase while spending on traditional residential landline service is decreasing. Spending by consumers aged 50+ on telephone service grew in 2012, even as overall spending for utilities fell. A PPI analysis of expenditures on utilities by consumers …

The Unwiring of America

Four or five years ago, some time after I decided to bite the technological bullet and get fiber-optic broadband phone and Internet service at home, I gave up my “analog” – copper wire – telephone line. I almost immediately regretted my decision. During our first extended power outage – and where I live, we typically have several of them a year – we lost phone service. In the pre-digital days we could call others – starting with our electric company …