Wireline Losses Will Increase

Telecomweb is reporting: "The federal excise tax (FET) notwithstanding, market-research house In-Stat today released the results of a survey that underscores the fact that wireless services will accelerate the erosion of wireline offerings, with nearly 20 percent of household respondents saying they plan to cut the cord completely." The ILECs - like Sprint and Alltel - realize that the heyday of wireline is over and the real money will be in cellular, both data and voice. Wireline is slipping - most going mobile with cell phones, but still more moving to VOIP. P.S. > As you may know, Congress is looking at repealing FET.