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Summary:

The U.S. wireless data market grew 5 percent quarter over quarter and 32 percent from first quarter 2008 to reach $10 billion in mobile data service revenues. It marked the first time the U.S .market has achieved the $10 billion milestone. Given the strong growth in data revenues shown by the top carriers and the increase in service revenues overall, it appears that (at least for the time being) the worst is over for the mobile industry. In summary, the recession has been all but a tiny blip (from the service revenue perspective) in its growth trend, and the U.S. mobile market has weathered the downward spiral in the economy better than its counterparts in other developing nations.