We have all had the “My cell phone bill is so expensive” conversation over a coffee, tea, beer, wine, or your beverage of choice. We have all likely had the “but there is no other option” conversation.
Unfortunately, the Telecommunications Industry has been operating largely unfettered and over time has become, both in Canada and the United States (US), ruled by a few large players. This makes competition by smaller companies very difficult if not impossible. This lack of competition is what drives up the price of your smartphone and plan. North America has some of the highest costs for cell phone services in the world.
Due to this lack of competition, the consumer is no longer selecting a carrier, a plan, and a smartphone in a free market system. The free market system is what, in theory, creates equilibrium between supply and demand in the capitalist system. Therefore, no competition equals, no free market as supply and demand are no longer creating equilibrium within the market. The major players are free to set the prices they want because they know that the consumer needs a phone and has very little choice in terms of provider. Essentially, the consumer is choosing the best of the worst.
We know the names of these big players in the telecommunications industry because not only do they offer us cell phones, but they also offer cable, internet and home phone services. Rogers, Bell, and Telus in Canada and Verizon in the US. In Canada, the Canada Radio-Television and Telecommunications Commission (CRTC) works to regulate the industry writing recommendations, and although there have been some changes in the past few years, like phones no longer being “locked” to a sole provider, the system has been resistant to change, as the larger conglomerates have a lot to lose and they put up strong resistance to any changes that could threaten their dominance of the marketplace.
Essentially, the consumer has been rendered powerless through the above system.
AIRO.LIFE a new player is working to disrupt the telecommunications model and one can rest assured that the big guys aren’t going to like it. Their primary objective is to provide people with access to information as a means to education. The four pillars that drive their business model are:
Imagine the freedom of not having to hand over at least $100 dollars a month to a large conglomerate that just sees you as a number? Imagine how the model that has been in place for several decades begins to crumble as people leave their locked in plans for a free one with possible unlimited data.
AIRO.LIFE is starting a revolution for the people, for the planet and fixing what has long been broken.
Soon AIRO.LIFE will be running an equity crowdfunding campaign to raise the capital for their first 10,000 phone trial. Register here for more information and to get early access to our crowdfunding campaign on Equivesto.