3rd World Mobile: Sounds good now but…

By aaronuwmcdm

The article references the annual $93 billion migrants send back to their homelands.  I wonder what the current facilitators of this process (Western Union, etc.) think about this evolving technology??? Will Western Union, et al, attempt to stake out a mobile niche for themselves or form some sort of partnership with a major player like Nokia?

With the increasingly widespread adoption of mobile devices, and the increasing ways people use them, is there a risk that mobile companies could become too powerful and exploit the third world much like other business mega-entities (oil companies, Dow chemical, Dutch East India Company) have over the past few centuries?

As the mobile industry expands and evolves, will local governments and/or international bodies be willing and able to provide effective oversight and regulate the industry to minimize harmful monopolies?

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