Competition
The competition in the telecommunication market is “a negotiated competition”. All operators cooperate in the Somaliland Telecommunication Operators Association, where they agree on prices and give information on this to the Ministry. Prices are uniform and adjusted according to inflation and the exchange rate to the US-dollar.
Fierce competition has driven consumer costs down; international calls on mobile phones cost $0.30 U.S. per minute or less, five or six times lower than in most African countries. The low prices for international calls may be seen as a combined result of real competition; low economic level/development and no public intervention.
Read more about this topic: Telecommunications In Somaliland
Famous quotes containing the word competition:
“Competition has been shown to be useful up to a certain point and no further, but cooperation, which is the thing we must strive for today, begins where competition leaves off.”
—Franklin D. Roosevelt (1882–1945)
“Never before has a generation of parents faced such awesome competition with the mass media for their children’s attention. While parents tout the virtues of premarital virginity, drug-free living, nonviolent resolution of social conflict, or character over physical appearance, their values are daily challenged by television soaps, rock music lyrics, tabloid headlines, and movie scenes extolling the importance of physical appearance and conformity.”
—Marianne E. Neifert (20th century)
“Sisters define their rivalry in terms of competition for the gold cup of parental love. It is never perceived as a cup which runneth over, rather a finite vessel from which the more one sister drinks, the less is left for the others.”
—Elizabeth Fishel (20th century)