Cellphones

There Are Still 100,000 Pay Phones In the US (cnn.com) 97

According to the FCC, there are only about 100,000 phone booths left in the United States, and about a fifth of those are in New York. The number has decreased rapidly over the last couple decades as cellphones have been adopted by 95% of Americans. CNN reports of how these remaining pay phones still remain a steady business for some of the 1,100 companies operating them across the country: Pay phone providers reported $286 million in revenue in 2015, according to the most recent FCC report. They can still be profitable, particularly in places where there isn't cell phone or landline coverage, said Tom Keane, president of Pacific Telemanagement Services. Keane's company operates 20,000 pay phones around the country. "We have phones in Yosemite Valley that are extremely busy when there's not snow on the ground," he said. Victor Rollo said he is still making money off his 170 phones in the San Diego area. Rollo declined to say how much, but he believes pay phones are a lifeline for people who don't have other options and are valuable during emergencies or natural disasters. Rollo says he evaluates how many calls are made on the phones every month, how far away they are from each other, and how much his expenses are per month to determine whether to keep them in the ground. Phones in hospitals and along the border, where cell coverage is weak, are some of his most profitable ones.

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