WhatsApp and other over the top messaging and calling apps destroyed “the rivers of gold” that the telcos had in the late 1990s and early 2000s.
Net neutrality was triggered by their attempts to block VOIP and messenger apps.
I knew one telco who made €3Bn clear profit a year from 2 Dell servers and a team of five to keep SMS messages flowing. Their billing infrastructure was bigger, much bigger than the SMS servers.
Really? Your rhetoric seems to miss a LOT of new global businesses, as well as older ones that are much bigger than ever before.
Spotify, Wise, Adyen, DeepMind just off the top of my head, but there are loads more.
The fact that you don’t know about them is because many tech bros in the USA are pretty parochial and haven’t been exposed to international businesses or indeed tech.
I’m seeing a lot of similar things during code reviews of substantially LLM-produced codebases now. Half-baked bad idea that probably leaked from training sets.
Net neutrality was triggered by their attempts to block VOIP and messenger apps.
I knew one telco who made €3Bn clear profit a year from 2 Dell servers and a team of five to keep SMS messages flowing. Their billing infrastructure was bigger, much bigger than the SMS servers.