CHART OF THE DAY: The Slow, Painful Death Of Landline Telephones

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By the end of 2008, 20% of U.S. households had unplugged their landline phones and gone exclusively wireless, say surveys by the U.S. National centre for Health Statistics. That’s a huge increase from early 2005, when only about 7% of U.S. households were wireless-only.

This is mixed news for phone companies like AT&T (T) and Verizon (VZ), which have been able to become wireless giants at the expense of their legacy home-phone businesses.

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