What is the telecom business today?
I am sad to see that in today's
market so many good companies are going out of business.
This is cause by many reasons,
but the most common is that buyers do not pay on time or do not pay at all what
they owe.
Of course is as well other
reasons, like bad management, Lack of funds, Bad accounting and of course
FRAUD!
The Telecom industry today has
become hazardous, stressful and hard.
Too many companies have come
and created Asterisk based switches at a very low price, so many can come in
ties industry and operate as carriers.
Many of this supposes carriers
are not even license and if they are licensed then they hide in countries that
are problematic to collect money or that becomes prohibitive due to the
attorney fees.
So what do we do? A few years
ago, a person that taught was very smart created what we call the bilateral
agreement? My first question was "What the hell is that"?
Bilateral agreements do not
guaranty any payment, so what are you thinking?
What is then the purpose of a
Bilateral agreement, depending who offers the contract now you are constraints
to their own in country laws.
That means that now you need to
travel to their country to try to get paid, well good luck with that, unless you
have a healthy cash flow.
Bilateral agreements are not
necessary, as good carriers will always work with you even if you both sign the
contract of the other party still a bilateral agreement.
Now what the HELL is this new
thing called Offsetting traffic? I see some carriers that are owed money and
want to clear that money asking others to terminate the traffic for them as a
trade for another carrier owing them money
They call it Offsetting traffic
Are you all Nuts? First of all is illegal and why would even ask
somebody to do so?
Why anybody in their right mind
would offset traffic with a company they may not know, and if they do
and they have not paid you, why would they pay somebody else?
Makes no sense at all!
Makes no sense at all!
In any case, that is what I think on these subjects.
I wish you all good luck and stay safe.