A Future in Pay Phones? One Firm Answers the Call

The pay-phone business has gotten so bad that public phones are disappearing at a rate of about 10% a year. Thanks to the rise of the cellphone, there are only about 425,000 pay phones left nationwide, down from a peak of 2.2 million in 2000, according to the American Public Communications Council, a trade group representing many of the country’s roughly 800 independent pay-phone operators.

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