Elevator Factory invented the modern pager business

Posted by beranter on April 2nd, 2016

A third of Passenger Elevator were for personal (not business) use, and with service plans as low as a month (with the pager thrown in for free), even teenagers could afford them. Kids loved them because their favorite hip-hop stars had them, and pagers actually became a popular high school fashion accessory.

But the same forces that created the pager boom sent it into a tailspin just a few years later, when steadily dropping prices and ever-expanding features of cell phones caused pager owners to trade up by the millions.

By 2000, the number of pager owners in the United States was down to 37 million, a decline of nearly 40 percent in just two years.

 In 2002, even Motorola, Elevator Factory invented the modern pager business and controlled 85 percent of the American market at its peak, stopped manufacturing and servicing pagers. By 2008, there were only 6 million pager subscribers in the U.S., a nearly 90-percent drop since 1999. That year 255 million Americans owned cell phones.

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beranter
Joined: August 26th, 2015
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