Word: perring
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Dates: during 2000-2009
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That situation set antitrust alarm bells ringing when AT&T, Sprint, T-Mobile and Verizon all raised their pay-per-use costs of sending a text message from 10 cents to 20 cents over the past three years. That prompted Senator Herbert Kohl, the Wisconsin Democrat who chairs the Senate Judiciary Committee's subcommittee on Antitrust, Competition Policy and Consumer Rights, to hold hearings on the matter in June...
Carriers respond that pay-per-use covers only a tiny and dwindling percentage of use. "Generally, the structure of our pricing plans has moved away from paying 'by the drink' to buckets of messages at much lower prices," Randal Milch, executive vice president and general counsel at Verizon Communications, emphasized at the hearing. Verizon's average price is about a penny a message, he added...
...Texting is a major contributor to the industry's profitability," says David Barden, a senior research analyst at Bank of America Merrill Lynch. Among the Big Four national players, texting brings in an average of $8 per month per customer in revenue, he estimates, and generates about 25% of raw operating profit (excluding equipment subsidies...
...like Kumar. Since developed countries have already pumped out a large proportion of the greenhouse gases that the environment can safely handle, they argue, those same nations must vacate some atmospheric space for the latecomers to industrialization. The current concentration of carbon dioxide in the atmosphere is 380 parts per million (ppm), 72% of which has been emitted by developed countries. Most scientists agree this needs to be stabilized at 450 ppm or less, leaving a tiny wedge - about 70 ppm - in which the developing countries must jostle for space to industrialize and pollute. (Read a story about how India...
...steady stream of Indian-generated reports bolstering India's assertions that it is unilaterally greening its act. A report released last week says India has consistently greened its GDP since the 1980s, with the energy intensity of India's GDP falling from 0.3 kgoe (kilogram-of-oil equivalent) per dollar of GDP in 1980 to 0.16 kgoe in 2004. This, it adds, is an achievement on par with über-green Germany and is bettered only by Japan, the U.K., Brazil and Denmark...