News for hackers. Stuff that matters.
Re:Minitel – The Rise and Fall of a National Tech Treasure [... by candiodari on Tuesday January 30, 2018 @08:14AM (#16264949)
What happened to the thousands of miscellaneous services that were at one point provided ?

What I mean to say is that minitel was in an incredible position to grow and be a massive platform, worth 3 digit billions of dollars, and instead traded this potential for charging for every second.

This pushed all the random services (granted, mostly chat, and forum like things) that were cool at one point off off it, and first onto BBS'es, then the internet came with some free server space included in virtually every internet package. A lot of these were initially let on the platform, then bled dry, and died.

But minitel, without a doubt, could instead have pushed those services, and could have made it easy and cheap to host one of them, a decade before the internet arrived and it would have spread like wildfire instead of the internet, sooner, faster and with a few upgrades maybe even better. Instead, it charged by the second, made maybe 100 million euros total profit and died without any evolution at all. Because of France Telecom's business practices, everything on it was bled dry and was always losing money. And FT is a monopolist, they just bleed their services dry, and when they die, no replacement is forthcoming. At least things like Amazon have the decency to still offer the service when they destroy their supplyers. FT, however, just destroys.

And it was all for nothing. Despite forcing these charges, it has (well, had, these days) a reputation in the financial industry for being a place where sometimes interesting companies become shady, then die. All killed in the name of France Telecom's business model, and nonexistent profits, just so it could do it's charge-by-the-second thing (perhaps you can notice that I'm not a fan of telcos). Just so all the "profit" could go to France Telecom and nobody else could maintain a living on it.

Minitel is the ultimate example of France Telecom's economic sabotage : a massive monopolist that just couldn't stomach other people profiting even a bit of their platform and ending up destroying the market it had a monopoly over, all because of management incompetence, intransigence and utter indifference. It's not just that they didn't see the opportunity, as that requires looking for opportunities in the first place : they just didn't care. FT management is a reward position you get when some important politician owes you a favor, which makes it a given that high level managers are utterly incompetent, because either they are incompetent, or they're not incompetent and are aware that it's a favor : their days are numbered before they start, so they bleed the position for all it's worth and spend their time elsewhere.

Re:Minitel – The Rise and Fall of a National Tech Treasure [... by buserror on Tuesday January 30, 2018 @12:11PM (#16266945)
The company I worked for was filthy rich with Minitel. I don't know where you heard there wasn't money in it, but even with Transpac charges it was making a scary bundle for the operators... Of course there might have been an economy of scale in our case, but it was scary.

They were bringing Ruinart champagne /by the pallet/ for employees to enjoy. Basically you could throw a party any day (for anything! like "I've just got new shoes", and you had unlimited champagne. Remember that was in 1989 -- a LONG time before dot.com era and even a long time before the excess of the 90's. Also a long time before it became socially inadequate to be rather drunk at work (on champagne only, mind you).

The employee benefits were also incredible, even by banking standard. I think we had 8 or 9 weeks paid holidays, and anything you didn't take was... paid to you at the end of the year, on top of the bonus (which was also generous).

In other words, not exactly a company that was skimping...

Re:Minitel – The Rise and Fall of a National Tech Treasure [... by candiodari on Tuesday January 30, 2018 @07:25PM (#16270337)
Okay, and what happened to that company past, say, 1998-2000 ?
Re:Minitel – The Rise and Fall of a National Tech Treasure [... by buserror on Wednesday January 31, 2018 @01:58AM (#16272080)
Went into service, eventually became Atos origin. I doubt any of the original benefits survived!
Re:Minitel – The Rise and Fall of a National Tech Treasure [... by Jyaif on Tuesday January 30, 2018 @10:51AM (#16266216)
> made maybe 100 million euros total profit

In 1998, Minitel generated €832 million of revenue, of which €521 million was channelled by France Télécom to service providers.