U.S. Digital Wireless Growing 40% Year Over Year
After reports of increases in the faster decline of landlines comes some good news from the carriers. Wireless data in the U.S. is growing, by 40% just this quarter compared to last year.
The biggest winner is Verizon. It saw its wireless data revenue up to $2.6 billion this quarter and is predicting that annual numbers will top $10 billion. Since it will have total revenues for the year somewhere around $100 billion, this is about 10% of its revenues.
The best part of these numbers is that Verizon and the other carriers are beginning to realize that it makes sense to open its networks to third-party app developers. They are starting to realize that they are not be best at deciding what apps the customer may want and that their best strategy may be just to deliver the data that the customer wants when he wants it.
What a concept! It is like the Internet in 1995 all over again.
Tags: mobile, Verizon, wireless data