Monday, September 04, 2006

Texting and the money

I have one DAMN QUESTION.
Texting. My generation is obbsesed with it, I like it also, but have you ever thought about it.
A text is a typical length of only 190 bytes (incl. protocol overhead), more than 350 of these messages per minute can be transmitted at the same datarate as a usual voice call (9 kbit/s).
So, after just looking for a second, a phone company can send 350 texts in one min compared to once voice conversation. This means that the company can make 349 times more money making moves than just someone talking.
The Texting (SMS) crazy is starting to hit the U.S hard. (Read below)

Popularity

Short message services are developing very rapidly throughout the world. By mid-2004, SMS messages were being sent at a rate of 500 billion messages per annum. At an average cost of USD 0.10 per message, this generates revenues in excess of $50 billion for mobile telephone operators and represents close to 100 text messages for every person in the world. Growth has been rapid; in 2001, 250 billion short messages were sent, in 2000 just 17 billion. SMS is particularly popular in Europe (excluding France), Asia (excluding Japan; see below) and Australia. Popularity has grown to a sufficient extent that the term texting (used as a verb meaning the act of mobile phone users sending short messages back and forth) has entered the common lexicon. In China, SMS is very popular, and has brought service providers significant profit (18 billion short messages were sent in 2001 [2]).


The Point I wanted to make is that Cellphone Companys are making a KILLING of of text messages. They use hardly any room on the phone lines and systems, but they charge so much for so little. That is one reason that Cell companys are doing so well.

I just wanted to rant about the stupidiy of me and my fellow peers for using such a nice little system.



(Info gatherd from http://en.wikipedia.org/wiki/Text_messaging) Wikipedia

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