UCA wealth sucking: Americans Paying More for LTE Service

[boutons_deux]

According to the study, Verizon Wireless, which is a joint venture of Verizon and Vodafone, charges $7.50 for each gigabyte of data downloaded over its LTE network. That is three times the European average of $2.50 and more than 10 times what consumers pay in Sweden, where a gigabyte costs as little as 63 cents.

But another big reason for the trans-Atlantic discrepancy in LTE costs, Mr. Dewar said, is a difference in the levels of competition. Europe has the greatest number of operators selling LTE: 38 of 88 operators worldwide. Even small markets like Austria, Finland and Portugal have three LTE operators.

http://www.nytimes.com/2012/10/15/technology/americans-paying-more-for-lte-service.html?ref=technology&_r=4&

and more generally:

An International Comparison of Cell Phone Plans and Prices

http://newamerica.net/publications/policy/an_international_comparison_of_cell_phone_plans_an d_prices

America's cartelized (reduced or no competition) markets deliver the shittiest possible product for the highest possible price. USA NUMBER ONE! for screwing customers :lol

[boutons_deux]

for you neophytes: UCA = United Corporations of America, since Human-Americans have been marginalized to insignificance.

[coyotes_geek]

According to the study, Verizon Wireless, which is a joint venture of Verizon and Vodafone, charges $7.50 for each gigabyte of data downloaded over its LTE network. That is three times the European average of $2.50 and more than 10 times what consumers pay in Sweden, where a gigabyte costs as little as 63 cents.

But another big reason for the trans-Atlantic discrepancy in LTE costs, Mr. Dewar said, is a difference in the levels of competition. Europe has the greatest number of operators selling LTE: 38 of 88 operators worldwide. Even small markets like Austria, Finland and Portugal have three LTE operators.

http://www.nytimes.com/2012/10/15/technology/americans-paying-more-for-lte-service.html?ref=technology&_r=4&

and more generally:

An International Comparison of Cell Phone Plans and Prices

http://newamerica.net/publications/policy/an_international_comparison_of_cell_phone_plans_an d_prices

America's cartelized (reduced or no competition) markets deliver the shittiest possible product for the highest possible price. USA NUMBER ONE! for screwing customers :lol

Quoted for historical purposes. Something tells me a quote from boutons praising free market competition as a way to reduce costs might be something I'd want to revisit during a later discussion. :)

[boutons_deux]

Quoted for historical purposes. Something tells me a quote from boutons praising free market competition as a way to reduce costs might be something I'd want to revisit during a later discussion. :)

competition and govt regulations work a lot better in benefits to consumers in "high cost", unionized, "socialistic" Europe than the mythical "open, free market capitalism" does in USA.

[TeyshaBlue]

Yeah, those European super powers have it goin on...


...wait.

[johnsmith]

God Damn Democrats!

[boutons_deux]

Yeah, those European super powers have it goin on...


...wait.

European banks, esp German money pumping up the Spanish housing bubble, fucked up Europe just like US financial sector fucked up USA.

Of course, you have nothing to say about the much higher US cost/shitty speed of smartphone usage vs foreign situations.

[TeyshaBlue]

Don't have much to say about it. Just mocking your asinine, simplistic spin.