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Wednesday 13 April 2011

New cell phone operators to offer 30% price cuts ! Only one snag ...

... It's in Israel. Previous posts have highlighted some striking similarities between Israel and Brazil  (even though the former doesn't seem much bigger than Greater Sao Paulo, has almost no natural resources and has been around for only a fraction of Brazil's history, most of it spent fighting wars while trying to grow it's economy !).

Both countries suffer from insufficient competition and state monopolies, and both have experienced "booming" economies that have benefited relatively few of their citizens.

But my teasing headline refers to news today that, thanks to Israel's Communications Minister Moshe Kahlon, that country will soon start to break its telecoms oligopoly and give consumers more affordable prices. Hopefully the impact of the new entrants will shake things up in more than just the cell phone market.

Now, where is Brazil's equivalent to MK Kahlon ? Yes, it's a rhetorical question but I wish it weren't.

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