Sunday, December 8, 2013

Indian Mobile Market Illustrates Key Principle About Retail Pricing

This chart of subscribers and price per unit in the Indian communications market illustrates a principle that economists always point out: when the price of a desired product goes down, demand goes up (the reverse also is a key principle).

Economic rules apply in telecom, no less than in other markets.


History of Indian Telecom

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Butterfly Effect: 100% Deterministic and Yet 0% Predictable

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