Economic rules apply in telecom, no less than in other markets.
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.
Economic rules apply in telecom, no less than in other markets.
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.
Subscribe to:
Post Comments (Atom)
-
We have all repeatedly seen comparisons of equity value of hyperscale app providers compared to the value of connectivity providers, which s...
-
It really is surprising how often a Pareto distribution--the “80/20 rule--appears in business life, or in life, generally. Basically, the...
-
One recurring issue with forecasts of multi-access edge computing is that it is easier to make predictions about cost than revenue and infra...
No comments:
Post a Comment