Twitter, the social networking company based in California, is now using a number sourced in the Isle of Man for it customer services to the UK. Why are they doing this? Because of the Isle of Man tax status. Under the present arrangements they will make more money. This opportunity could exist for a lot companies.
Excerpt from Article: http://uk.techcrunch.com/2007/11/19/twitter-starts-to-limit-outbound-sms-in-uk/
Twitter is using an SMS number sourced in the Isle of Man, rather than in the UK, so they do get some money (1p or 1.5p) per incoming text. However, they still need to pay at least 4 pence outbound, which in technical terms means they are… losing money hand over fist. Note also that the 07624 in Twitter’s number (+44 762 4801423) means it is actually billed as “international” by 3 and T-Mobile, making it a pricey service for those who like to tweet via SMS.
Twitter is a service for friends, family, and co–workers to communicate and stay connected through the exchange of quick, frequent answers to one simple question: What are you doing?
Check out my twitter profile here: http://twitter.com/LeoC