Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Business
    3. >BRINGING PREDICTABILITY BACK TO INTERNATIONAL BUSINESS TRAVEL COMMUNICATIONS
    Business

    Bringing Predictability Back to International Business Travel Communications

    Published by Gbaf News

    Posted on September 30, 2013

    9 min read

    Last updated: January 22, 2026

    Add as preferred source on Google
    This image illustrates the significant market value loss of Siemens Energy and Siemens Gamesa following a profit warning, highlighting challenges in the wind turbine industry amid rising costs.
    Siemens Energy faces $5 billion loss due to Siemens Gamesa profit warning - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Despite recent EU regulation, mobile roaming charges remain eye-wateringly high and can have a real impact on businesses looking at export as a means of business growth.

    Tommi Uhari

    Tommi Uhari

    By Tommi Uhari, CEO, Uros

    The world may not be getting smaller, but doing business globally is increasing significantly. Despite the vast size of the home market, 98% of US exporters are small and medium sized companies. With common economic areas like the European Union growing it is becoming increasingly important for companies to view the entire globe as a marketplace rather than just their home territory.

    Exporting is not easy. Whilst technology has made it more effective to develop an international presence, nothing beats face to face contact. Many businesses, particularly smaller ones, are cautious about investing thousands of pounds in travel, accommodation and subsistence when it is unclear whether there will be a material return on this investment.

    But the costs of travel are only one small part of the equation. What is the cost of having staff out of the office and out of contact? Who covers their work?

    Few entrepreneurs factor in the cost of staying connected when abroad. Business travellers face an unenviable choice. They can remain disconnected when travelling or face the potential of huge mobile bills on their return. As an example, if you travel from the UK to China you can expect to pay at least £25 per day for 100 MB of data. After this the cost increases sharply to £3 per megabyte. Including emails and web browsing, an average user might consume 250 megabytes of data per day to stay connected, and in this case the cost would be £475 per day.

    The mobile phone networks, increasingly concerned by stories of “bill shock” from customers, have now started putting caps in place to stop users overspending when consuming data. However, if you have an important email back to the office or a quote to a potential customer to send, a cap that stops you doing so is not the answer. Indeed who really knows when they have consumed a certain number of megabytes? When you buy a flight you know the cost. When you book a hotel you know the cost. So why is there so much uncertainty with mobile communications abroad?
    Even within the EU, where there has been a lot of publicity about reducing the costs of data roaming, costs can quickly get out of control. Currently the EU has a cap of €0.45 per megabyte, but our typical 250 megabyte per day user will still be facing a cost of more than €100 per day for using that allowance. It is not surprising that many companies ask their staff simply to not use data when abroad. But in the digital age this is not a realistic option. Recent research by OnePoll found that 54% of workers suffer from ‘nomophobia’ – being anxious and fearing not being in contact through the phone. For businesses, particularly smaller businesses where a key director is travelling, not having the capability to check emails – other than at high cost, is a huge business risk.

    Uncertainty destroys business confidence and lack of communication – or risk of a huge cost associated with it – breeds uncertainty. It is little surprise that more and more businesses are looking at alternative ways to remain connected abroad. One way is Goodspeed, providing international business travellers with the means to reduce risk of bill shock and regain certainty over costs. Goodspeed is similar to a mobile internet access device but with one important difference – the user can insert up to nine SIM cards into the device for different countries. As long as the business traveller is in a supported country, Goodspeed will make a connection and enable internet and corporate email access with an almost unlimited amount of daily data – for a one off cost of £5 per day. When you use it, you pay. When you are not travelling you do not.

    Goodspeed can be configured for whichever countries a business traveller is visiting, including much of Europe, the US, China and Russia. Currently it is supported in almost 30 countries with new territories being added on a monthly basis. Typically the daily data bundle ranges from 500 megabytes to 1 gigabye – which is more than enough to complete a full day of business online through a laptop or tablet device – as well as plenty of web surfing.

    For larger companies with a significant number of international travellers or small businesses where a key director is regularly clocking up the air miles, the reassurance that the business will not suffer either from a lack of contact or from a huge data roaming bill puts control back into the traveller’s hands. The controversy over the high costs of data roaming when abroad will not go away, but Goodspeed enables businesses to mitigate this and know they will pay one small cost for keeping in contact wherever they are on business.

    Despite recent EU regulation, mobile roaming charges remain eye-wateringly high and can have a real impact on businesses looking at export as a means of business growth.

    Tommi Uhari

    Tommi Uhari

    By Tommi Uhari, CEO, Uros

    The world may not be getting smaller, but doing business globally is increasing significantly. Despite the vast size of the home market, 98% of US exporters are small and medium sized companies. With common economic areas like the European Union growing it is becoming increasingly important for companies to view the entire globe as a marketplace rather than just their home territory.

    Exporting is not easy. Whilst technology has made it more effective to develop an international presence, nothing beats face to face contact. Many businesses, particularly smaller ones, are cautious about investing thousands of pounds in travel, accommodation and subsistence when it is unclear whether there will be a material return on this investment.

    But the costs of travel are only one small part of the equation. What is the cost of having staff out of the office and out of contact? Who covers their work?

    Few entrepreneurs factor in the cost of staying connected when abroad. Business travellers face an unenviable choice. They can remain disconnected when travelling or face the potential of huge mobile bills on their return. As an example, if you travel from the UK to China you can expect to pay at least £25 per day for 100 MB of data. After this the cost increases sharply to £3 per megabyte. Including emails and web browsing, an average user might consume 250 megabytes of data per day to stay connected, and in this case the cost would be £475 per day.

    The mobile phone networks, increasingly concerned by stories of “bill shock” from customers, have now started putting caps in place to stop users overspending when consuming data. However, if you have an important email back to the office or a quote to a potential customer to send, a cap that stops you doing so is not the answer. Indeed who really knows when they have consumed a certain number of megabytes? When you buy a flight you know the cost. When you book a hotel you know the cost. So why is there so much uncertainty with mobile communications abroad?
    Even within the EU, where there has been a lot of publicity about reducing the costs of data roaming, costs can quickly get out of control. Currently the EU has a cap of €0.45 per megabyte, but our typical 250 megabyte per day user will still be facing a cost of more than €100 per day for using that allowance. It is not surprising that many companies ask their staff simply to not use data when abroad. But in the digital age this is not a realistic option. Recent research by OnePoll found that 54% of workers suffer from ‘nomophobia’ – being anxious and fearing not being in contact through the phone. For businesses, particularly smaller businesses where a key director is travelling, not having the capability to check emails – other than at high cost, is a huge business risk.

    Uncertainty destroys business confidence and lack of communication – or risk of a huge cost associated with it – breeds uncertainty. It is little surprise that more and more businesses are looking at alternative ways to remain connected abroad. One way is Goodspeed, providing international business travellers with the means to reduce risk of bill shock and regain certainty over costs. Goodspeed is similar to a mobile internet access device but with one important difference – the user can insert up to nine SIM cards into the device for different countries. As long as the business traveller is in a supported country, Goodspeed will make a connection and enable internet and corporate email access with an almost unlimited amount of daily data – for a one off cost of £5 per day. When you use it, you pay. When you are not travelling you do not.

    Goodspeed can be configured for whichever countries a business traveller is visiting, including much of Europe, the US, China and Russia. Currently it is supported in almost 30 countries with new territories being added on a monthly basis. Typically the daily data bundle ranges from 500 megabytes to 1 gigabye – which is more than enough to complete a full day of business online through a laptop or tablet device – as well as plenty of web surfing.

    For larger companies with a significant number of international travellers or small businesses where a key director is regularly clocking up the air miles, the reassurance that the business will not suffer either from a lack of contact or from a huge data roaming bill puts control back into the traveller’s hands. The controversy over the high costs of data roaming when abroad will not go away, but Goodspeed enables businesses to mitigate this and know they will pay one small cost for keeping in contact wherever they are on business.

    More from Business

    Explore more articles in the Business category

    Image for Nominate Now: Chairman of the Year 2026
    Nominate Now: Chairman of the Year 2026
    Image for Submit Your Entry Today for CEO of the Year 2026
    Submit Your Entry Today for CEO of the Year 2026
    Image for Submit Your Entry Today for Best Management Team 2026
    Submit Your Entry Today for Best Management Team 2026
    Image for Nominate Your Team: Best Innovation Management Team 2026
    Nominate Your Team: Best Innovation Management Team 2026
    Image for Submit Your Entry for Years of Excellence Awards 2026
    Submit Your Entry for Years of Excellence Awards 2026
    Image for Nominations Open for Travel & Hospitality Awards 2026
    Nominations Open for Travel & Hospitality Awards 2026
    Image for Submit Your Entry Today for Telecom Awards 2026
    Submit Your Entry Today for Telecom Awards 2026
    Image for Submit Your Entries for The Next 100 Global Awards 2026
    Submit Your Entries for the Next 100 Global Awards 2026
    Image for Submit Your Entry: Public Sector & Governance Excellence Awards 2026
    Submit Your Entry: Public Sector & Governance Excellence Awards 2026
    Image for Nominations Invited for Real Estate Development Awards 2026
    Nominations Invited for Real Estate Development Awards 2026
    Image for Submit Your Entry: Process & Product Awards 2026
    Submit Your Entry: Process & Product Awards 2026
    Image for Call for Entries: HR & Recruitment Awards 2026
    Call for Entries: HR & Recruitment Awards 2026
    View All Business Posts
    Previous Business PostCorporate Background Searches Show Shady ‘beneficial Owners’ Pose Serious Threat to Financial Services Sector
    Next Business PostGmc Software Technology Limited – Customer Engagement Delivered