Cell phone spending to exceed landline spending in US in 2007?

If current trends bear out, 2007 could mark the first time that US households have spent more on mobile phone services than on land lines. The latest government data collected by the Labor Department shows that cell phone bills in 2006 averaged USD$524 while landlines averaged USD$542. The 2007 numbers are expected to tip in the favour of cell phone expenses as the trend towards getting rid of landlines continues to gain pace.

Companies like Verizon have reported wireless revenue growth as high as 20 percent annually while land line revenue has been flat in the same period.

There are approximately 170 million land lines in use in the US today while US cell phone subscriptions are estimated at 250 million.

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