Monday, June 9, 2008

read this

Safaricom, a Kenyan mobile phone service just did an initial public offering (IPO) of stocks, and the BBC's story (but more the responses from readers) seems to encapsulate the complicated nature of market economics on a global scale. It reminds us to ask the question: who really benefits? The answer isn't clear. The whole global mobile phone business is an interesting thing because of the solutions it offers for remote areas that don't have land-line infrastructures (BBC also did a recent article about tele-banking for mobile phones that undercuts a lot of the complications of in-person banking).
Safaricom: Your Views

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