Friday, December 7, 2012

Digital Data Collection: Telco's new revenue source


Do you feel you are being monitored when you enter a store?  Well, if you don’t, you should.  Companies are collecting enormous amounts of data on you with out your permission.  Telco companies feel they should be the ones that own this data because they are known for having great identity controls and because they can offer privacy to customers that want it.

The issue is that today few laws exists, so it’s a wild west out there for data collection.  Telco’s are trying to lobby congress to change these laws so they are the only ones that collect the data.  If they do, Telco’s will unlock a major revenue source.

Keep an eye out for this in the news.

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