Anonymous Coward User ID: 1510193 United States 10/21/2012 10:38 AM Report Abusive Post Report Copyright Violation | "Obama Phone" Makes Richest Man in the World even Richer! [ link to www.inquisitr.com] The federal government’s Lifeline program for handing out free cell phones to low-income Americans came to the forefront in a viral YouTube video of a Ohio woman saying she was voting for Obama because he gave her a phone.
It turns out that Slim, a telecom mogul based in Mexico, and another politically connected individual are profiting nicely from this rapidly expanding free cell phone program, according to FNC:
“Carlos Slim, who has an estimated net worth of $70 billion, owns a controlling stake in TracFone, which makes $10 per phone for each device it provides to poor Americans. The company, whose president and CEO is Frederick ‘F.J.’ Pollak, also makes money from extra minutes and data plans it sells to subscribers who get phones and service through the government’s Lifeline program.”
Read more at [link to www.inquisitr.com] Just sayin' |
Anonymous Coward User ID: 25947881 United States 10/21/2012 10:40 AM Report Abusive Post Report Copyright Violation | Re: "Obama Phone" Makes Richest Man in the World even Richer! |