ZIP summary, page-170

this is true, but there are advantages for both poor and rich. Firstly, even in australia where 3G is now universal and 4G is coming in, data hasn't really expanded for phones, being capped at 2g on most plans or 4-6g on family plans.

Having compression technology which allows clear on 2G means less data is transferred, thus the user would see more data value from ZipT versus skype or viber for the same service and price.

Furthermore, this is probably the main reason this stock is sitting at 35mcap, is that the audience is not a rich base. However china and india are being urbanised and their wages are increasing. Although the $/user might be less, the fact there are 1billion potential users in india makes the overall value not such a bad comparison.

Just as food for thought, Project loon by google was a free service internet project where they launched wifi weather balloons (you can google it, trialled in nz 2 years ago) to reach more of the populace in africa and india to gain usership.

Why would google want to spend money developing third world internet if there wasnt some end-game value?