Megaprofitable Texting

Last year about 2 trillion text messages were sent in the US generating more that $20 billion in revenue for cell phone companies. Experts estimate that it costs cell phone companies about a third of a cent to send a text message yet they charge us 10 to 20 cents for that same text. That works out to a markup of roughly 4,500%. And that, according to my 12 year old text loving daughter, is sweet!

Share This Post
Facebook Twitter Email

Speak Your Mind


This site uses Akismet to reduce spam. Learn how your comment data is processed.