So long cell-phone contracts
The total number of contract cell-phone customers actually fell in the US last quarter reports AllThingsD. So where’d they go? Back to land-lines and tin-cans with string? Nope. People moved over to prepaid plans. “The AP did the math and calculated a drop in the industry of 52,000 contract subscribers at the top seven carriers. That contrasts with the prepaid industry (both from the Big Four carriers and smaller players such as MetroPCS, Cricket and Tracfone), which saw gains of two million customers in the quarter.” What’s the trend mean for us phone users? More competitive contract prices on their way maybe? Sign me up.
As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.
Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.
Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.