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To: Raymond Duray who wrote (22132)8/5/2002 4:22:53 PM
From: Maurice Winn  Respond to of 74559
 
Raymond, US$10 in Kiwiland is pretty good for bottom quartile people and above average for the median Kiwi. Which is what I was meant. I was last in the USA March 2001. Bread, bananas and other stuff is expensive in the USA. Some things are cheaper. Houses are expensive.

My theory on telecom charges is that prices per minute need to reflect a person's hourly rate to maximize revenue and profit. That's why Globalstar failed. Their target market hourly rates were wayyyyyyy lower than Globalstar minute prices so calls would be made on a distress basis only - infrequent and brief.

At US$200 an hour for Globalstar calls [if roaming, rounding minutes and including monthly charges etc] they were NOT going to sell the service to many people on this planet. They have now got only 70,000 subscribers. They thought they would get 5 million. Clueless.

Mqurice