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Report: Data Caps Help Carriers Rake In Huge Profits

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http://techcrunch.com – In case you weren’t quite certain why wireline and wireless carriers were capping your data, it’s not about bandwidth. Instead, they are able to charge a premium for faster speeds and more data, thereby raking in profits over and above what they’ve gotten in the past. In short, write Hibah Hussain, Danielle Kehl, Benjamin Lennett, and Patrick Lucey of the New America Foundation: Internet service and mobile providers appear to be one of the few industries that seek to discourage their customers from consuming more of their product. The reason for this counterintuitive business (IT news)