kyt wrote:i thought with the entry of the fiber, internet was supposed to be cheap, dirt cheap. what happened 4yrs later?
Internet costs have gone down by a HUGE margin. In the office for example, we have 4 times the bandwidth we had four years ago and we are paying less than half what we were paying back then. Do the math.
Obviously in most cases, Kenyans would want the cost to go down to zero!
These companies have to recoup the capital investment before passing all the benefits to the customers. And even then, they don't have to. As someone said, these businesses are not charitable organizations. If I can make 200% or 300% profit why would I want to reduce it without demand and supply pressures. Small time business people make such profits everyday. Why not me? And in any case, that money is what I will use to bring in new products to the market. Do you think Apple and Microsoft would be where they are if they were "broke" companies borrowing to fund innovations and acquire competitors?
I agree with you though. Prices can still go lower and they will. But we've made great strides!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.