Tuesday, March 23, 2010

How low can low-cost wireless carriers go?

READ complete story at Personal Finance News from Yahoo! Finance

"At a time when major wireless carriers are beginning to require expensive data plans for many of their users, low-cost mobile companies keep making their prepaid calling plans broader and cheaper.

Cricket, the low-cost, pay-as-you-go wireless carrier operated by Leap Wireless (LEAP), said Tuesday that it would begin offering the nation's first $30-per-month unlimited nationwide talk and text plan. Coverage will be available in 125 U.S. cities across all 50 states.

That's $10 a month cheaper than any other prepaid nationwide unlimited plan available in the United States. Low-cost rival MetroPCS (PCS) offers a $40-a-month plan and competitor TracFone Wireless' Straight Talk has a $45-per-month plan.

As for the major carriers, Sprint's (S) Boost Mobile has a comparable prepaid plan for $50 a month, and T-Mobile and AT&T (T) both offer similar prepaid plans for $60 a month. Verizon (VZ) does not offer a comparable prepaid unlimited talk and text plan."

2 comments:

Unknown said...

Everybody seems to be flocking to these "unlimited" deals. A recent study I read a while ago suggested that most people use their phones much less than is needed by their current plans - and yet everybody is now going "unlimited".

Just a waste of money, if you ask me. I will sign up for unlimited when it gets to $15 a month because that is what my NET10 prepaid phone is costing me. Why should I spend more if I don't USE more?

RYAN YEE said...

My kids don't even use the talk time every month. They all text non-stop ;-)