Prepaid Cell Phones: The Global Choice

Posted by myGPT Team | 4:18 PM | 1 comments »

The majority of wireless users on this planet leverage
prepaid cell phones. Freedom from unfair contracts,
complete control over monthly expenses, and an end to
hidden fees are the top reasons cited for going prepaid.

Prepaid wireless service is almost always less expensive
than postpaid monthly plan rates. On average, 20% of all
purchased minutes on contract plans go unused month to
month. Also the average postpaid wireless bill is 20%
higher when it arrives in the mail than what the user was
told it would be at point of sale; this is due mainly to
hidden fees not discussed during the transaction.

With prepaid cell phone service there are no surprises and
no hidden charges. Roaming fees simply do not exist, and
because users pay in advance there is no opportunity for a
vendor to pad a bill with unexplained charges.

Prepaid cell phone services allow you to pay only for the
airtime minutes and text messages that are actually used.
Simply load your account with exactly what you need, and
never have to worry whether or not your chosen monthly plan
is the right fit.

In recent years prepaid cell phone services was reserved
for people with bad credit and low financial means. No
longer is this the case. Consumers everywhere and in all
income brackets are moving away from monthly contract plans
and plugging into prepaid cell phone services.

Simply put: people are tired of being pushed around by the
major wireless companies. Unfair contract terms, hidden
costs, and outrageous monthly bills are taking a major toll
on public opinion, and at the time of this writing over 60%
of the world population uses some form of prepaid calling
plan.

Modern prepaid cell phone services offer their customers
the same wide range of brand name handset models sold by
the major contract firms. Motorolla, Nokia, and other
top-of-the-line phones are available through many prepaid
wireless providers and in many cases phones are free with a
first purchase of airtime!

And since prepaid networks are now offering their users
broadband Internet access, there is no longer a major
advantage in choosing contract plans over prepaid service.

It's actually not unreasonable to suggest the postpaid
contract services could vanish altogether in the future. In
the same way $1,000 cell phones are a thing of the
ludicrous past, ten years hence the idea of signing a
one-side contract to secure wireless service could be
absolutely laughable.

Whether or not this comes to pass soon, one thing is for
sure:

More people every day are walking away from their contracts
and signing up with prepaid cell phone services. At the
current rate of growth it's likely the prepaid wireless
industry will encompass 75% of the world wireless market
share in less than a decade.

Within the past two years we have seen all the major
wireless players adopt prepaid plans and even bring these
options to the fore of their marketing campaigns. This is a
clear sign the marketplace is changing in a big way, and is
expected to continue doing so.

The next five years will be interesting to watch. The mass
consumer migration toward prepaid service could mean better
options for all pay as you go subscribers; clearly as more
cash gets pumped into the prepaid industry greater user
benefits are sure to follow.


----------------------------------------------------
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1 comments

  1. Unknown // November 18, 2008 at 3:40 AM  

    I couldn't agree with this more! Prepaid offers great value with per minute, per day, monthly, and monthly unlimited plans now available. Although phones are no longer $1,000, phones are still subsidized for the most part. so that $99 Centro or smartphone actually costs the carrier anywhere from $200 to over $500. Contracts enable carriers to ensure that customers don't leave before they break even. That's why the shift to proration of the termination fee made so much sense. Anyway, prepaid is the future; no doubt.

    www.prepaid-wireless-guide.com/compare-prepaid-plans.html