Whoa.
Soooo, the #4 cell phone carrier, T-Mobile, has been in a mad dash to revamp their entire contract system in an effort to retain customers. According to USA Today, they've really been losing subscribers to Verizon Wireless and AT&T because of lower data speeds, low coverage in rural areas, and no iPhone. Now, the company will rely on finance plans through expensive phones:
With T-Mobile's new plans, the initial phone-buying experience won't be much different from what it's like for contract plans, but customers could save money in the long run.
For instance, someone who wants a Samsung Galaxy S III would pay $70 upfront and then $90 per month for unlimited calling, text and data. That monthly fee includes $20 to pay off the cost of the phone over two years.
By separating the cost of the phone from the service, T-Mobile is making its plans and upgrade options easier to understand. When the phone is paid off, the $20 fee in that example disappears.Well, well, well.
Looks like the same shenanigans as usual.
Money out of my pocket.
But, if this will keep costs down for service, I'm all for it.
What do you think about T-Mobile's new contract system?
Man they need to stop trippin with these plans. T-mobile has the cheapest plans and even offers an unlimited data option but the bottom line is that the price of these phones is too damn high!
ReplyDeleteDo you remember when $100 bought a top of line phone?!
ReplyDelete