Canada SMS rip-off: 4,900% mark-up

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p2pnet news view Freedom | Mobiles :- “The consumer mark-up on some text messages is an estimated 4,900 per cent, according to a leading Canadian computer scientist who testified before U.S. senators on Tuesday. “Srinivasan Keshav, Canada Research Chair in tetherless computing at the University of Waterloo, told lawmakers probing text messaging rates and the state of competition in the wireless telecommunications industry that the maximum cost of a single text message “very unlikely” exceeds 0.3 cents.