Monday, July 11, 2011

That's a lot of freaking money!

"That's a lot of freaking money!"

Karl Denninger of Seeking Alpha (Wikipedia Profile, sorry his blog appears dead, and his Twitter Account is just an egg) discusses Data Plans in “Sprint is on the Warpath”.

“Let's face it folks - $100+ a month is more than $1,200 a year per person for what is now considered "standard" wireless services. Where the hell is the money going to come from to pay for all of this? Add in another $50-100 a month for cable TV and Internet and suddenly the common family of four is looking at somewhere around $3,000 or more a year in communication service charges!”
data pic
"That's a lot of freaking money!"

Karl Denninger is correct. 

Xolotech is frugal (bordering on cheap). T-Mobile pre-paid offers 1000 minutes for $100 on a no contract annual plan. A basic phone is under $30. Maybe a phone should just be a phone. Wireless data transfer from the carriers is only going to become more expensive. In any case, learning how to use Wi-Fi connections to reduce data transfer across your 3G or 4G connection is a very smart use of time. 

Surf globally, connect locally. 

Que sais-je?


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