Link: Peer Pressure » Mobile Communications, Expensive Nooo….
Mark Tluszcz laments the state of the European mobile industry and its ridiculous margins:
Every so often when I want to take the joy out of my day, I look at my mobile phone bill. I am struck by how ridiculously high the charges are in Europe. On average in Europe video calls cost € 0.5 per minute, voice calls cost € 0.25 per minute and SMS (texts) cost € 0.14, and these costs assume you are not roaming at which point an SMS can costs as much as € 0.85. Getting the sense that consumers are being taken for ride?
I thoroughly agree with you Mark.
Mark goes on to call upon entrepreneurs to rise up and exploit these fat margins! Entrepreneurs such as Constanza of Ten Mobile.
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