Word: prepaid
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...generated revenues of $100 million in its 2005 fiscal year. But to get there, Roshan had to make plenty of adjustments. Afghanistan has no functioning mail system or credit-card services, so billing methods prevalent in the West couldn't be used. Instead, customers get airtime by purchasing prepaid calling cards from roughly 4,000 vendors who are Roshan franchisees. In Kabul, the vendors, most of them selling cards on the street, earn about $100 a month, much more than most laborers. "We are creating an entrepreneurial middle class," says Khoja. Roshan is also helping to entertain the masses...
...Before Hampel was hustled off to a Montreal jail last week, agents with the Canada Border Services Agency seized his bogus Ontario provincial birth certificate, the passport that had been obtained with the phony birth certificate, $7,800 in five different currencies, encrypted prepaid cellphone cards and index cards containing information on Canadian history and civics. Hampel claimed to be a former lifeguard and travel consultant living in Montreal since 1999. Journalists found a website he had set up where he described his extensive travels abroad and published photos of the countries he visited, primarily in Eastern Europe...
That, of course, is what O'Brien says he's doing. Digicel will target American customers who are young, poor or immigrants-- groups that traditional operators eschew--with the type of prepaid, GSM service widespread outside the States. Even in that niche market, start-ups Virgin Mobile, TracFone and others will give Digicel a run for its money--a lot of money at that. Currently, O'Brien owns more than 80% of Digicel, its 2,000 employees hold an 8% stake, and the private-equity firm Blackstone Group has about 3%. But O'Brien hasn't ruled...
...liked the sound of that, so when I heard that Ghetto Gourmet was coming to Los Angeles, I prepaid my $50 (via PayPal) and started salivating. The night before the event, the location was e-mailed: the courtyard of a Koreatown apartment building. I was told to bring my own wine and a pillow to sit on. Since Ghetto Gourmet events aren't advertised or listed anywhere, you have to hear about them from friends. All this is partly to make it seem more exciting and partly because running a restaurant out of a house isn't particularly legal...
...ethnic types. The next, DNAPrint in Sarasota, Fla., offered a cool Flash movie of a rotating double helix. I was doubly sold. I ordered a test from each and within a couple of days was scraping the inside of my cheek with swabs and depositing my cells into prepaid envelopes ready to be sent off to the labs...