Thursday, September 25, 2008
EC Wants to Slash Texting Rates 60%
The European Commission, as expected, has proposed a new law slashing international text messaging rates by 60 percent by the summer of 2009. Specifically, the EC has proposed a retail cap of €0.11 (about 16 cents), excluding value-added tax, on roaming text messages, combined with a €0.04 cap at wholesale level, to be introduced by July 1, 2009.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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