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17% of homes are cellphone-only

Posted Sep 17 2008, 02:31 PM by Kim Peterson
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Here's yet another statistic to worry AT&T investors. Nearly one-fifth of U.S. homes don't have a home phone line. The residents are exclusively using cellphones.

A big incentive to drop the home phone is savings. A Nielsen report says a single person will save $33 per month by doing so, and a couple with two cell phones saves $26 a month. I wonder how many home phones exist just to support home security systems? Sometimes those systems require a land line in the house.

AT&T gets about a third of its revenue from the home landline business. In its last earnings report, AT&T said its landline count dropped 2.6% in the last three months to 58.9 million -- a surprisingly fast decline.

AT&T shares are down more than 3% today to $28.85.

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Comments

 

I would not worry about AT&T, their friends in the government will bail their ass out too.

Deke (Posted 09.17.08 2:45 PM) Report Abuse

My home line is for my internet service only, I live out in the country  and can only get dial-up ISP. May get a satilite reciever and discontinue the land line as service speed is so slow.

mark (Posted 09.17.08 2:46 PM) Report Abuse

The ONLY reason I have a land line is to support my security system.  If I could get around it, I would.  I think the charges just to have a land line are insane.  

Karen (Posted 09.17.08 2:47 PM) Report Abuse

The only reason I have a land line is for Emergency 911 use for the babysitter and for the security system.  I'm not with AT&T though; with someone cheaper.

Will (Posted 09.17.08 2:49 PM) Report Abuse

I'm proud to not have a land line!

But my cell service is with AT&T so that's certainly not hurting them!

Mitch (Posted 09.17.08 2:51 PM) Report Abuse

I'd prefer to have a landline phone. If you lose your cell or it gets stolen, your without communication device in an emergency. I have both. I have to use the landline anyway for my fios service and security system.

joan (Posted 09.17.08 2:52 PM) Report Abuse

I was VERY happy 2 shut off QWEST yesterday after they billed me for another company's bogas $20 for 3 minute collect call to my home phone. I also remember QWEST's desire to sell user's phone call information to their "sister" companies a few years ago.

I never answered the land phone anyway- everybody calls me on my cell.

mark (Posted 09.17.08 2:54 PM) Report Abuse

I called to drop my land line the other day and the operator told me to call back another time because he was having a hard time hearing me.  Too funny!  I only get solicitor phone calls mostly anyway.

jimmy (Posted 09.17.08 2:54 PM) Report Abuse

I have not had a land line for 2 plus years now and have no intention of ever

getting one again.

They are way over priced and then all the gov and local fees!!!!

Sylvia (Posted 09.17.08 2:55 PM) Report Abuse

I got rid of landline phones about 10 years ago, and until about 18 months ago had cellphone only. Now I am using vonage and absolutely loving it.

John (Posted 09.17.08 2:57 PM) Report Abuse

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