Revenues For Cellular & Other Wireless Telecommunications Top $100B.
November 15, 2004
Revenues of cellular and other wireless telecommunications firms rose from $92 billion in 2002 to $104 billion in 2003, an increase of 14 percent, according to a U.S. Census Bureau.
The report, 2003 Service Annual Survey: Information Services — Broadcasting and Telecommunications, shows revenues for the nation’s broadcasting and telecommunications information firms increased 2 percent, to $490 billion in 2003 from $482 billion in 2002.
According to the report, other highlights (for employer firms) were:
Revenues for wired telecommunications carriers were down 6 percent, to $223 billion, with fixed long-distance revenues falling 13 percent, to $53 billion.
Cable networks revenues increased 12 percent, to $27 billion, with advertising revenues increasing 14 percent, to $11 billion. Expenses increased 9 percent, to $19 billion, led by program and production costs, which increased 14 percent, to $10 billion.
Cable and other program distribution revenues increased 12 percent between 2002 and 2003 to $63 billion; basic programming revenues increased 10 percent, to $38 billion; and revenue from Internet access services increased 79 percent, to $7 billion. Expenses increased 6 percent, to $56 billion, with program and production costs increasing 15 percent, to $17 billion.
Television broadcasting revenues remained the same, at $37 billion.
Estimates in this report are based on data from the 2003 Service Annual Survey. They contain sampling and nonsampling errors.
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http://www.census.gov/econ/www/servmenu.html