It's The End of The Pay Phone as We Knew It
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NEW YORK -- Top U.S. phone company AT&T plans to end its dwindling pay phone business by the end of 2008, as more consumers use mobile phones.
The move affects AT&T pay phones in the company's previous 13-state service area, including California and Texas. BellSouth Corp, which AT&T acquired late last year, has already exited the pay phone business in its nine-state service area.
Pay phones in the United States have declined across the industry from about 2.6 million phones in 1998 to an estimated 1 million phones today, AT&T said.
AT&T has grown its profit in recent years, as strong sales from its mobile phone and Internet business make up for a fall in traditional phone use.