July 23rd, 2008

With the number of landline telephones decreasing, telecos scramble to replace lost revenue

The number of landline telephones (POTS) is on the decline in the U.S., which is bad news for the likes of AT&T and Verizon since they still depend on their landline business for much of their total revenue. Take AT&T, which gets a whopping 32 percent of its total revenue from POTS. The latest numbers from the FCC show that there’s 163 million landlines in the U.S. as of June, 2007… → Read More