Externality
The externality I choose to elaborate on is the free wireless service that is provided by Infocomm Development Authority Singapore (IDA). This is a wireless programme developed by Singtel, Qmax and iCell by deploying wireless broadband network in Singapore. It is free of charge for users in Singapore and all they have to do is to register an account.
The positive benefits that the free wireless service brings are that people are now able to gain access to the Internet while they are mobile. Students get to enjoy services like instant messaging and online gaming and even get to research on their school projects in public. Business people and working adults can easily clinch deals in public and be easily contacted through emails as they are now able to access them freely. And, while enjoying all these benefits, they do not have to pay communication groups like Singtel, M1 or Starhub for mobile broadband fees which could cost up to S$72.76 a month.
Hence, in conclusion, this externality that the IDA provides brings many benefits to the public.
by Shine. :)
Labels: externality