Thursday, April 23, 2015

Internet Broadband Fee - Price vs. Value

Recently the government announced on a "price reduction" in all internet broadband between 10% to 57%. Sound so good but is it?

A comment noted in a blog:

Dont be fooled by this gimmick of 57% discount on broadband rate....all this are pure bs. The RM38 for 1Mbps speed had a limited data usage of 1GB but the normal RM88 for 1Mpbs speed had unlimited data usage. So they're comparing the price of an apple with another rotten apple. So this is the 57% discount they talked about.

Price reduced but the value reduced substantially too.

Be financially smart to know that Price vs Value.

Same thing happened to comment from a Malay friend, about sugar from Kedai Rakyat 1Malaysia. price is lower but need 3 times the quantity for same sweetness. So, it is effectively more expensive.