Business Model
Under the GSMA’s SMS Hubbing structure, a hub will negotiate a transit fee with an originating operator on a per-SMS basis for the use of the hub. As is the usual practice, the originating operator will also pay a termination fee to the terminating operator, also on a per-SMS basis.
Read more about this topic: SMS Hubbing
Famous quotes containing the words business and/or model:
“Young men of the fairest promise, who begin life upon our shores, inflated by the mountain winds, shined upon by all the stars of God, find the earth below not in unison with these,—but are hindered from action by the disgust which the principles on which business is managed inspire, and turn drudges, or die of disgust,—some of them suicides.”
—Ralph Waldo Emerson (1803–1882)
“The best way to teach a child restraint and generosity is to be a model of those qualities yourself. If your child sees that you want a particular item but refrain from buying it, either because it isn’t practical or because you can’t afford it, he will begin to understand restraint. Likewise, if you donate books or clothing to charity, take him with you to distribute the items to teach him about generosity.”
—Lawrence Balter (20th century)