NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Wednesday, September 1, 2004

“Southeast Asian mobile-phone operators, including Indonesian Satellite and Globe Telecom, which is based in Manila, have followed Smart’s lead in the past year, introducing electronic prepaid services to win users who cannot otherwise afford mobile services. The strategy is fueling sales and profit growth for operators in the Philippines and Indonesia, where per capita income averages less than $1,100 a year, according to the World Bank.” Read full article here.