The Homa Files

Excerpted from AP:  “Senator examining rising text messaging rates
09.09.08

The Senate Judiciary Committee is asking the nation’s top four wireless carriers to justify the “sharply rising rates” they charge people to send and receive text messages … it is concerned that rising text messaging rates reflect decreasing competition in the wireless business.

(Reportedly) consumers are paying more than 20 cents per message, up from 10 cents in 2005.

All four of the (wireless) companies appear to have adopted identical price increases at nearly the same time. “This conduct is hardly consistent with the vigorous price competition we hope to see in a competitive marketplace”.

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European Commission regulators are threatening to impose a cap on roaming fees for text messages sent by Europeans traveling outside of their home nations.

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Full article:
http://www.forbes.com/feeds/ap/2008/09/09/ap5405763.html?partner=alerts

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