One of the positive impact is that cell phones are a tool of convenience.
Having a cell phone now makes people reachable in almost any location as long as there is good reception, this makes individuals easier to contact easier.
Cell phones make it easy to make business arrangements when you are traveling away from your office and can't call everyone by emailing or texting business associates.
But there are situations were children especially teens neglect food, parents, relations, kith and kin while using their cellphones. Specially while smsing. This drastically affects their personal life. On the other hand there are many health hazards to which teens and children become target. The radio frequencies damage the tissues and genes of their young body very soon.The negative impacts of cellphones on the personal life and social lives of individuals collectively create an average impression on the economy, where in it suffers globally.