Money
Yang Claims Wireless Carriers Overcharge Americans $100 Billion Annually in Data Fees
Rich Roll Podcast
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"The average American spending $83 a month on their wireless. The average European is spending $35 a month or less than half of what we're spending...that delta between $83 and $35 a month adds up to $100 billion a year in extra spend on our wireless data."
Yang revealed Americans pay more than double what Europeans pay for wireless service, resulting in $100 billion in excess annual spending, with $21 billion paid out as shareholder dividends to Verizon, AT&T, and T-Mobile. He founded Noble Mobile as a cost-plus alternative to major carriers.
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Rich Roll Podcast