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Study: Cost of Wireless Service Remains Unchanged
Posted: 04-May-2002 [Source: Reuters]

[Analysts worry US wireless price war may be brewing.]

Los Angeles -- "Analysts and investors may be worried about a price war among wireless telephone companies, but the cost of wireless service remained unchanged in March, a study said on Friday.

According to economic research and consulting firm Econ One, the average cost of monthly service in 25 major cities was $36.94, the same as in February. The cost was calculated across four typical usage levels: 50, 200, 500 and 800 minutes.

Econ One has been surveying the cost of wireless service since June 1999.

Analysts and investors have become increasingly worried about a price war in the industry as the nation's biggest wireless telephone companies have cut prices amid increasing competition in the industry."

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