Thursday, October 16, 2003

Think tank says new regulations will increase consumer wireless bills: "A think tank funded by the wireless industry and other tech sectors today warned in a new study that U.S. cellular subscribers could pay over $16 billion a year—or about $10 per month extra—to pay for taxes and regulations imposed on the wireless industry.

"The study’s authors—economists Thomas M. Lenard and Brent D. Mast of The Progress & Freedom Foundation—predicted the 18-percent cost increase would hit minorities and rural customers hardest. Moreover, the study concludes, higher prices could result in 31 million fewer wireless users. There are currently nearly 151 million mobile-phone users in the United States."

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