Mobile Communications International Issue 150 May 2008
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Mirror, mirror on the wall, who’s the richest of them all?
According to the Bloomberg Billionaires Index released this week, Microsoft founder Bill Gates has just edged past Mexican mogul Carlos Slim, who’s lost more than a few pounds since Mexico’s government passed a bill that could quash America Movil’s market dominance.
This week US operator Verizon reported a net profit of $1.95bn for the first quarter of 2013, a 16 per cent year on year increase compared with the $1.69bn generated in 1Q12. The firm’s first-quarter revenues hit $29.4bn, marking a 4.2 per cent increase on 1Q12.
The telco as buffalo is an appealing image. On the one hand buffalo can be quick for their size, extremely strong, dangerous in a fight and difficult to bring down—especially when they’ve got momentum. But they are also short sighted, easily spooked and exhibit the definitive herd mentality—particularly when they sense a threat.