Quote:
Originally Posted by MATHA531
My head is spinning from all this. ...
I bought a United Mobile card, put up 25€ or whatever up front...they have the €25, use it mostly to receive for free, they have €25 they wouldn't have if I haven't bought the card and also don't they get a piece of the termination fees when I receive?
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Of COURSE they get the termination fees.
Leads me to believe that their partner carriers and - or whoever doles out the "termination fees" have changed the rules, formula or whatever - and - or their business model for revenue streams and costs needed serious revisions.
We do know the +423 dialing costs skyrocketed. Probably because the loophole they found was in the sweetspot. When providers (ATT, etc) found out they were bleeding to death from the sweetspot termination fees, they cranked up the rates to cover their costs. This, in turn, whacked inbound revenues from UM. They then added UM+ (UK) hoping for the same stream. None of that panned out, so they (UM) are now down and out. In addition, they never reached the volume of clients they had hoped for. The Germans have lots of reasons for NOT buying into the +423 mobile #s. Mainly too inconvenient for their friends to cal a foreign #. Probably the same for all folks. There were several firms that marketed Riiing, etc., but I doubt they did much advertising. Who wants to go with a newcomer, let alone from +423? Might as well have been from Outer Mongolia. Sorry all you Outer Mongolians out there.
Now, poor customer service, trying to generate revenues any way they can like offering outdated phones, offering bonus for refills. What next? Will they be selling a piece of the Brooklyn Bridge? Does not look very good at all if you ask me.
Use up your balances, guys and gals!
Of course, this is all speculation on my part.
Stan