Bill Gates and the Telecoms

Sometimes we tend to over evaluate the big names.
We think" Since they are successful they must be great!"
This luckily is not always the case.
In point of fact, they are still humans and as humans they are bound to make as many mistakes as anybody else.
The problem is: the bigger you are the bigger your mistakes will be.

This stated I come to the point.

What was the biggest mistake of the Monopolistic Telecoms?
The same as Bill Gate's.
They under evaluated the power of the Internet and of VoIp and of course of everything that will come ever after.

Leasing the DSL lines at a flat cheap fee they signed their death sentence.
Using the data line as voice line will allow everybody to have unlimited calls around the world.

No "milking cow" for the Telcos.
No more easy revenues...

And very soon the other "milking cow" the "cellular phone business" will find its natural competitor in the healthier, cheaper and more efficient competitor:

"WI-FI"