Monday, March 31, 2008
Cubans to get cell phones
Raul Castro, Cuba’s new President, has agreed to allow citizens to have cell phones. The move has a big impact on the culture of Cuba, where only Communist Party officials and employees of foreign business were allowed the phones.
The move also eliminates the black market for cell phones. Some Cubans paid foreigners to sign contracts in their names and then giving the phone to the Cuban.
This also opens up a business opportunity for those in the telecommunications industry as Castro’s move opens the door for calling plans from other countries to now charge to connect to friends and relatives in Cuba.
It is also marketplace where American telecommunication companies will not be able to participate. The United States government still prohibits direct and in direct business with Cuba. Therefore, American business with overseas offices or companies and entrepreneurs outside of the United States of America will be able to capitalize most. ¶ 3/31/2008
Raul Castro, Cuba’s new President, has agreed to allow citizens to have cell phones. The move has a big impact on the culture of Cuba, where only Communist Party officials and employees of foreign business were allowed the phones.The move also eliminates the black market for cell phones. Some Cubans paid foreigners to sign contracts in their names and then giving the phone to the Cuban.
This also opens up a business opportunity for those in the telecommunications industry as Castro’s move opens the door for calling plans from other countries to now charge to connect to friends and relatives in Cuba.
It is also marketplace where American telecommunication companies will not be able to participate. The United States government still prohibits direct and in direct business with Cuba. Therefore, American business with overseas offices or companies and entrepreneurs outside of the United States of America will be able to capitalize most. ¶ 3/31/2008
