The Biggest Step for Internet Since Wireless

It’s sometimes hard to determine the progress of technology based solely on the numbers you hear.

Personal computers can perform billions of operations per second nowadays, up from hundreds of millions just a few years ago.

Wireless Internet can stream at a rate measured in terabits/second — allowing consumers to download up to 44 high-resolution films in less time than it took you to read the last five words of this sentence.

Teraflops, terabits, terabytes… Even to those of us who understand what these numbers reference, the awe we should be feeling when we witness this level of progress has become somewhat lost in the flood of data.

There are, however, figures attached to modern devices that will still raise an eyebrow — and not just the eyebrow of an IT specialist…

Three of them, to be exact.

Those three numbers are 30, 40, and 50 — hardly impressive on their own, when numbers associated with technology are usually measured in the millions, billions, even trillions.

A New Kind of Metric

The first number, 30, is the factor by which one particular consumer tech company has been able to compress wireless Internet bandwidth.

This compression rate, the best ever achieved, allows full streaming video to be delivered over a 2G connection (yes, they still exist).

It’s so effective that without an HD display, users cannot tell the difference between 2G and 4G; but the real advantage is cost savings.

A compression rate of 30 allows this consumer tech company to deliver Internet at a rate of 50 cents per month — there’s your second number.

To those of us paying upward of $100/month for Internet, that might come as a bit of a shock. It should; it’s the cheapest rate available today anywhere in the world.

The third number is 40, and it refers to the price of a wireless tablet, also produced by this company.

At less than $40, this tablet, which boasts a screen size and general capabilities comparable to that of an early generation iPad, is also the cheapest of any in the world.

It’s not the fastest, latest, or highest in resolution. It’s just the cheapest.

Bringing the Power of Connectivity to Billions

So why are you supposed to get excited over this? Did you get excited when the Yugo came out as the cheapest car in America in the 1980s?

Probably not.

To make it all work, you need to view these three numbers in context with a fourth number:

92.

That’s the percentage of the Earth’s population that resides in areas where cellular service of 2G or better speed is available.

And yet despite the fact that a vast majority of the people living on Earth today have wireless Internet connectivity flowing all around them, close to two-thirds of the world’s population, or about 4 billion people, have either never been online or have no regular access to the Internet.

I know it may be difficult to accept given the near-ubiquity of online access that most of us enjoy today, with our PCs, tablets, and smartphones, but the map below illustrates just how many nations have populations where Internet users are in the minority.

Even here in the U.S., where it seems life would be impossible without regular, even constant Internet access, as many as 70 million are not online.

The main obstacle standing in their way: cost.

For people making less than $100 per month in total income, there has simply never been a viable option for regular Internet access. Even Internet cafes are well outside their price range.

But at $0.50 per month, paired with a $40 wireless device, the potential to radically broaden global online user base becomes enormous.

So enormous, in fact, that the market this revolution in pricing opens up is bigger than the user counts of the three most popular brands in tech today — Google (NASDAQ: GOOG), Apple (NASDAQ: AAPL), and Facebook (NASDAQ: FB) — put together.

Think it’s impossible? The truth is, there are that many people who simply have never had the opportunity to participate in what will certainly go down as the major technological revolution of the last 50 years.

Perfect Time; Perfect Market; Perfect Pricing

Thanks to those three seemingly unimpressive numbers, however, that entire paradigm is about to change.

This tiny consumer tech company has done the equivalent of building the Ford Model T for the information age, and its first market is also the hungriest of all for this product: India.

Not only is this company already selling its product to the estimated 800 million first-time Internet users there, but it’s producing it there as well — avoiding the country’s import taxes and tariffs, which allows it to market its tablets at such a low price.

It’s a business model whose time is long overdue.

The only surprise is that it’s not one of the famous brands that’s doing it.

At the rate it’s going, however, the company behind all this will be up there with the likes of the Big Three in terms of users and market cap in short order.

For tech investors, this may well represent the biggest opportunity since Apple first opened its doors 39 years ago.

Only this company is already public.

You can try to guess the name of this company, or you can do it the easy way and see my video presentation that details everything about it, from the market to the product itself and, of course, the future potential.

It’s free, and you can get instant access by clicking here.

Fortune favors the bold,

Alex Koyfman

Check us out on YouTube!

His flagship service, Microcap Insider, provides market-beating insights into some of the fastest moving, highest profit-potential companies available for public trading on the U.S. and Canadian exchanges. With more than 5 years of track record to back it up, Microcap Insider is the choice for the growth-minded investor. Alex contributes his thoughts and insights regularly to Wealth Daily. To learn more about Alex, click here.