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risk_it_us

02/24/07 8:39 AM

#65901 RE: siriuslyricher #65899

"``The business model calls for an aggressive implementation of the HotZone technology throughout multiple markets within Mexico...."

"multiple markets" suggest existing but sub-standard and dial-up access.

further it states:

"``The reliance on dial-up access in areas without broadband service, or in areas with large low-income populations, presents a significant barrier to the widespread social diffusion of the Internet.

"reliance on dial-up" speaks for itself and "low-income populations" simply means non-existant services yet marketable to the poor.



Now here's where the pr says "I've got globetel written all over me":

"The HotZone technology will lower the cost of services and barriers to entry to a point that we expect to have overwhelming acceptance of the product."

"we expect...." ???? really ? globetel expected many things and got few things. This is an undisputable fact.

and

"entry to a point that we expect to have overwhelming acceptance of the product"

OVERWHELMING, what a nice word. It could only mean one thing in the globetel way. LOW OR NO PROFITS. After all is it not gtem's history of marketing and building out projects that result in unprofitability ?

I have't said too much about the project but I felt I could give a final opinion on this pr taken at face value and the simple fact on face value of this project is 1)Why with such a huge money ladened partner (Grupo) are they going only after the poor and undeveloped peoples and areas ? because broadband already is proliferant and successful in Mexico in the successful and developed areas. and 2) Why haven't the large broadband suppliers that are successful in the developed areas (some of which are provided by Grupo) attempted this endeavor already ? simple, LOW OR NO PROFITABILITY.


I guarantee you that the contract is written in such a way that Grupo/VPN will lose little if any money should this endeavor fail to produce a profit and poor globetel will take it in the keester.

All in my Humble Honest opinion of course.




mr_schnizzle

02/24/07 11:19 AM

#65905 RE: siriuslyricher #65899

Agreed - what an opportunity!!

Reduced customer aquisition costs from the outset, bad credit risks etc


schnizzle