Interview: Zaw Thet, CEO, 4INFO: Verizon's SMS Fee Change Is 'Unprecedented And Unnecessary'

There's still a cloud of uncertainty hovering over Verizon (NYSE: VZ) Wireless' on-again, off-again plans to begin charging aggregators, messaging companies and other partners 3 cents per SMS delivered on its network. And yet, plenty of companies are expecting the worst – which would see Verizon implement the new charge Nov. 1, which it clearly outlined in contract addendums with various affected companies last week. We're told Verizon has been holding meetings with some of the companies that were caught off guard by the change last week. It's too soon to tell whether fears have been adequately allayed or if Verizon is simply buying time. We recently caught up with Zaw Thet, CEO of 4INFO, to get his take on the snafu and how the fee increase might impact his company and so many others. What's your initial reaction to this... [read full story]