Friday, October 09, 2009

Paying for telecoms

One of the things this brand new world of digital information has brought us is this idea that we don't in fact have to buy our long distance phone calls from the guys who provide the copper wire to our house. But there's more to it than that: we don't have to buy our long distance phone calls from the guys who provide anyone else's phone either. Nowadays we can buy one of the Calling Cards and they change everything.

For, just like a long distance provider can buy, if we sign up to their plan, long distance minutes in bulk, then so can a provider of Prepaid Phone Cards . Once they've started to sell Phone Cards then they know that there will be a certain number of minutes that will be used. So, they can get a bulk discount. That bulk discount then gets passed on to us in lower per minute fees.

This might all sound a little complicated but it's really quite simple. Instead of us all having to pay the old, hugely high, per minute charges to talk to our families, say, in India, or China, or in my case, Europe, we're able to take advantage of these new services and keep in touch for much lower prices.

Hey, ain't capitalism great? More of what we want for a lower price?

No comments: