An automatic meter reading (AMR) system and a method of operating an AMR system are disclosed. The AMR system stores and transfers consumptive data, demand data, and data archives. The system and method can also provide a demand reset to reduce or eliminate the need to physically visit a remote endpoint device, for example a residential utility meter, to directly connect to the endpoint device for the collection of data. The system and method provide two-way wireless communication between at least one reader and a plurality of remote endpoint devices and are adapted for use with mobile readers. The AMR system and method therefore provide efficient and reliable storage and transfer of data, including high volumes of data, at mobile read rates.