*Pages 1--1 from Microsoft Word - 14472.doc* NEWS NEWS News media Information 202 / 418- 0500 TTY: 202 / 418- 2555 Fax- On- Demand 202 / 418- 2830 Internet: http:// www. fcc. gov ftp. fcc. gov Federal Communications Commission 445 12 th Street, S. W. Washington, D. C. 20554 This is an unofficial announcement of Commission action. Release of the full text of a Commission order constitutes official action. See MCI v. FCC. 515 F 2d 385 (D. C. Circ 1974). FOR IMMEDIATE RELEASE: NEWS MEDIA CONTACT: January 29, 2002 Michael Balmoris 202- 418- 0253 Email: mbalmori@ fcc. gov FCC RELEASES ANNUAL TELECOMMUNICATIONS INDUSTRY REVENUE REPORT Wireless and Competitive Local Exchange Carriers Have Greatest Growth Washington, D. C. – Today, the Federal Communications Commission (FCC) released its annual summary of Telecommunications Industry Revenues. The report provides a general overview of the revenues of the U. S. telecommunications industry for the year 2000. For 2000, $293 billion in telecommunications service revenues were reported — an increase of 9% over 1999’s $269 billion. Other notable statistics include: ƒ Revenues for wireless industry grew more than 28% during 2000, from $48 billion to $62 billion. ƒ Revenues for competitive local telephone companies increased to $10. 9 billion, up 68% over 1999, and accounted for about 9% of the $121 billion of local service revenues. ƒ Total toll service revenues increased only slightly during 2000 — from $108. 2 billion to $109. 6 billion. This small change reflects a $3. 2 billion decrease in switched toll revenues and a $3 billion increase in revenues from long distance private line service. The report is available for reference in the FCC's Reference Information Center, Courtyard Level, 445 12th Street, SW, Washington, D. C. 20554. Copies may be purchased by calling Qualex International at (202) 863- 2893. The report, including the spreadsheets containing the report's statistical tables and the figures, can be downloaded from the FCC-State Link Internet site at www. fcc. gov/ ccb/ stats. - FCC -Contacts at the Common Carrier Bureau's Industry Analysis Division are Jim Lande at (202) 418- 0940 or Ken Lynch at (202) 418- 7356. Users of TTY equipment, please call (202) 418- 0484. News about the Federal Communications Commission can also be found on the Commission’s web site, www. fcc. gov. 1