Wireless & Cellular OVERVIEW
(Since some people have more than one subscription, the number of individual subscribers is significantly lower.) Most new smartphones feature a dizzying array of advanced features.
In addition, smartphones and tablets are internet-capable, typically able to take full advantage of high-speed access on 4G networks (and, to a growing extent, newer 5G networks).
This means that small, lightweight smartphones and tablets can do most of the work of a standard desktop PC.
Consumers love the flexibility and capability of smartphones, and by some estimates spend an average of three hours per day using them in the U.S.
When considering this development, it is important not to overlook the way that smartphones have disrupted traditional business sectors.
For example, thanks to the powerful cameras built into smartphones, the number of photos taken by consumers has soared at an astonishing rate, while sales of traditional cameras have plummeted.
Plunkett Research estimated that there were 464.3 million total wireless connections in the U.S.
wireless service company revenues were about $197.5 billion during 2020, according to Plunkett Research estimates.
By 2020, 85% of U.S.
cellphone users were on smartphones, according to Plunkett Research estimates, compared to only 61% in early 2013.
Consolidation of wireless service providers has been a strong trend worldwide over recent years.
Sprint and competitor T-Mobile completed a merger on April 1, 2020.
The combined businesses intended to invest approximately $40 billion