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Bertie Stanley

Prepaid Cell Phones: The New Growth Industry - 0 views

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started by Bertie Stanley on 02 Jun 12
  • Bertie Stanley
     
    Usually, the expiration date for the minutes you purchase is 90 days, though many companies present longer activation periods. Typically, larger blocks of minutes come with longer activation periods, and some plans allow you to roll over the minutes to another activation period. All you have to do is buy more minutes to remain your plan activated. The one drawback to such a plan is that the minutes are generally more expensive compared to other kinds of prepaid plans. These plans don't sound right for the heavy cell phone user, but where they do be the better choice is for the infrequent telephone user. Since you can buy very small blocks associated with minutes, like 100 minutes at any given time, these plans can benefit those telephone users who only need a tiny amount of minutes per month. For example, if you need a telephone just for emergencies, then payg plans can be very inexpensive, even as cheap as $100 a year.
    Take time to compare the different plans available on prepaid because often much more dollars can be saved whenever you delve into the fine details of every one of the plans.
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    It wasn't all that sometime ago that cell phones were limited to the wealthy. While there once was a time that the only real people who could afford a cellphone were business moguls and celebrities that period has now passed. Many people world wide now own one these mobile devices and for many this is their only telephone service. For them the sole question isn't whether or not to have a cell phone at all, it is what type of plan would fit their own needs best.
    Prepaid Currently is Cheaper

    However, a few years ago the price of prepaid plans started to return down. Now prepaid cellphone plans are significantly less expensive than post paid plans. Many prepaid carriers are now even offering unlimited minutes plans which can be less expensive than comparable contract plans which happen to have 500 minutes. The current low expense of prepaid plans and the downturn for the overall design are fueling the explosive growth in the prepaid cell phone market.

    Of path, the major cellular phone companies are not happy about this, since they make much more funds on contract plans than they do on prepaid wireless. There are three reasons for this is. The first is that postpaid plans are more costly than prepaid plans. Traditional contract plans can run upwards of $80 a month even though a prepaid plan while using the same minutes could get as cheap as $40. Next, not only do mobile phone companies bring in more money on contract plans, but they have a secure persistent income stream by locking their own customers in with extended contracts. The third reason postpaid plans are so lucrative for the cell phone companies is that they charge exorbitant rates in the event you go over your min's allowance, sometime 25 or 50 cents per minute. This adds up rapidly and many people get accidentally run up huge cell phone bills of several 100 dollars.

    Not surprisingly, with prepaid plans, you don't have this challenge. Prepaid plans are now cheaper for each minute and they don't get contracts. Also, if you talk about the minutes that you've purchased, you can simply shop for more minutes.

    One's destiny of Cell Phone Plans
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