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Nairaland Forum / Science/Technology / Phones / Telecompetition : When 3 Elephants Compete, The People Enjoy! (594 Views)
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Telecompetition : When 3 Elephants Compete, The People Enjoy! by Mobinga: 8:13pm On Oct 02, 2010 |
[img]http://1.bp..com/_Fcft4imMtBo/TKaccfJRVvI/AAAAAAAAABQ/wWzEBlKLcuE/s200/mtn-logo.jpg[/img][img]http://3.bp..com/_Fcft4imMtBo/TKacZX7rt1I/AAAAAAAAABI/37ysRfv0AZY/s200/mainone.jpg[/img] I Perceive, Think, Believe and I'm convinced about the Internet revolution which is about to sweep our continent Africa, clean with access to cheap and mega fast Internet and Data Access. This revolution might have commenced months back without me noticing but for the launch of MainOne submarine cables by Ms Opeke and her MainOneCompany Team in July, 2010. MainOne is a Fiber Optic Submarine Cable, which is about 14000KM long from Lagos to Europe with a data capacity of 1.92TerraGigaBit Per Sec. Before I could settle with the wao-ing data capacity, Globacom Launch hers GLO-1 (All of them sha want to be the ONE, MainOne, Glo-1). Both Sub Marine cables have approximately same capacity along same stretch and approximate investment cost of $700,000,000 (N 107,800,000,000, 107.8 Billion Naira). These are huge investments. While Glo 1 and Main 1 are just commencing the battle for market share, MTN came up with her Press releases revealing plans to launch West Africa Cable System WACS, which is basically like the other two and investment also approximately the same cost. You see, at this time of our lives we have 3 * $700,000,000 investment in a market, which is about, wait my calculator is processing the figures, http://wunmixp..com/ |
Re: Telecompetition : When 3 Elephants Compete, The People Enjoy! by WackyJ1(m): 11:25pm On Oct 02, 2010 |
See big irony. I thougt it was when elephants fight, the grass suffers. |
Re: Telecompetition : When 3 Elephants Compete, The People Enjoy! by Mobinga: 7:54am On Oct 03, 2010 |
When 3 big companies compete to lead in a certain industry, the consumers will enjoy. . . . Economics 301 : The lower the price the higher the demand. i.e price and demand are inversely proportional when it comes to consumers. Don't tell me thats the only thing you got from that note |
Re: Telecompetition : When 3 Elephants Compete, The People Enjoy! by WackyJ1(m): 8:09am On Oct 03, 2010 |
knew that already just pointing out the irony in that and the topic name. |
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