Hold the Phone: Google Petrifies the U.S. Directory Assistance Business 3 comments
April 09, 2007
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With its newly (quasi-) released Google Voice Local Search, Google just killed the directory assistance business in the U.S.
Okay, maybe not killed outright, and the business was in decline anyway, but who in their right mind would pay for a call to directory assistance when you can call 1-800-GOOG-411 and get free service?
GOOG 1-yr chart
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This article has 3 comments:
The "regulated" phone companies in the U.S. are fat with profits, poor on innovation, and much more concerned with expanding their regulated monopoly status than they are concerned with providing improved communications services and capabilities to their customers. Despite decades of supposed effort by the Congress and the FCC, there remains little or no competition in the domestic communications marketplace. Turnover of customers between "competitors" remains miniscule. Any company that can wrest away from the phone companies any stream of revenue by providing an acceptable alternative for less money is doing a great thing.
You Go, Google!
THANKS GOOG