1 edit | Profit The Indie ISPs make plenty of profit
"Teksavvy among Elite 2009 Group"
»www.chathamdailynews.ca/ArticleD···=1595270
#27 on Profit Magazine's Top 100 Fastest Growing Companies list.
With over 10 million in revenue last year.
Now I can see them maybe losing some heavy users, but where
are they going to go? Teksavvy for instance would still provide
its users with a MASSIVE amount of savings over using Bell's Retail products. (and rogers products too!)
And people who dont use over 60GB, it wont bother them.
The Sky Isnt Falling!! |
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 GuspazGuspazPremium,MVM
join:2001-11-05
Montreal, QC
kudos:16 | said by justsomeguy:The Indie ISPs make plenty of profit "Teksavvy among Elite 2009 Group" » www.chathamdailynews.ca/ArticleD···=1595270#27 on Profit Magazine's Top 100 Fastest Growing Companies list. With over 10 million in revenue last year. Now I can see them maybe losing some heavy users, but where are they going to go? Teksavvy for instance would still provide its users with a MASSIVE amount of savings over using Bell's Retail products. (and rogers products too!) And people who dont use over 60GB, it wont bother them. The Sky Isnt Falling!! The average TekSavvy customer uses well over 60GB. I believe the average customer would pay the $22.50 max.
TekSavvy's revenue from *last* year is largely before most of the throttling/UBB/etc garbage that has cost them significant amount of money. It was also before they bought a FTTH company in an attempt to build out their own network.
Also, consider that the UBB fees would probably add up to more than TekSavvy's revenue. If they raise prices to compensate, their pricing will be *slightly* lower than Bell's, but not dramatically so. |
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 sbrookPremium,Mod
join:2001-12-14
Ottawa
kudos:4 | Why do people keep reading increases in revenue as profit?
Lots of companies can increase revenue and still go broke.
Lots of companies in the last year have had enormous revenues, decreased interest debt and still lost gobs of money. |
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Just because a company has a listing in Profit Magazine doesn't mean that their profits are 'plenty' as you so quaintly put it.
$10MM revenue isn't the same as 'profit'.
If you had half an inkling of the legals costs incurred this past year because of Bell's actions, and the amount invested in building their infrastructure, and knowing that about 2/3rds of every dollar of revenue goes straight to Bell, you might just begin to understand that their profits aren't what you think they are. |
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TheMGPremium
join:2007-09-04
Canada
kudos:1 | Well said. Revenue != profit. |
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