4 ms·
PPP should not have this kind of effect over a renewable globalized asset like data.
by RIMR 6y ago
PPP should not have this kind of effect over a renewable globalized asset like data.
- iguy 6y agoIt's messy right? I mean you aren't buying global data, you are buying data delivered in a particular town. Some of the costs of providing it are all about the location (e.g. renting land to put up towers) and some aren't at all (e.g. the networking hardware), so it still seems very impressive that they can do it this cheaply.
- tchalla 6y agoYou can not simply compare a good in two different currencies without normalisation for disposable income, value and purchasing power. The value of 100$ in India is different than in the US. So obviously, some things in India will be cheap in $$$. You have to normalise on some metric. I chose PPP which is not perfect. If you do not like it, you can choose another reasonable one.