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The global telecommunications industry continues to expand as spending by consumers and businesses for wireless services fuels industry revenue growth, a market analysis report from the Insight Research Corp. says.
According to the report, The 2012 Telecommunications Industry Review: An Anthology of Market Facts and Forecasts, telecommunications services revenue on a worldwide basis will grow from $2.1 trillion in 2012 to $2.7 trillion in 2017 at a combined average growth rate of 5.3%.
North America is expected to have 4% over the forecast period. From 2012 to 2017, the region’s carrier revenue will grow from $459 billion to $554 billion at a CAGR of 3.8%.
Cellular telecom prepaid services cell service both prepaid and monthly plans,
Wireless Service With No Strings Attached Prepaid Cell Phone service provides an alternative to some of the pitfalls associated with traditional wireless service. Recent service enhancements make it attractive for a wider range of customers than ever before.
Why Choose Prepaid Cell Phone Service?Mobile phone service for most Americans is provided by a handful of large cell phone providers on a contractual basis. Contracts typically cover two years and customers are billed monthly following a month’s service. But in much of the world, prepaid cell phones are the norm and more and more customers in the United States are finding that the advantages of a pre-paid service can outweigh the disadvantages.
When choosing cellular phone service, whether pre-paid or post paid, it’s most critical to choose a service that conforms to your personal phone usage. For example, a plan that offers great international calling rates at the expense of other features isn’t likely to be of much value to you if never place international calls.
Prepaid Phone Service AdvantagesEliminate Overage Charges
With many prepaid cell phone plans you can completely eliminate the possibility of costly per minute overage charges. If you buy a given number of minutes and reach that limit, the phone simply doesn’t function. That, of course, is also the case with the genuine unlimited programs. One note of caution, though. Just because it’s prepaid in and of itself doesn’t mean that there’s no chance of overages. With the advent of new plans, there are some that give you a predetermined number of minutes per month and after that the possibility of incurring overages is possible just as with postpaid plans with specific minutes per month features. It’s important to pay attention to the details of any plan you may choose.
No Contractual CommitmentThere’s something to be said for the flexibility that accompanies having no lengthy contract. Early Termination Fees (ETF) for contract based cell phone service is typically $175 though some providers charge a little more or a little less. A disadvantage to a contract service comes into play if your phone quits working after the almost universal one year warranty period but before the two year contract is up. This could well put you in a position of needing a new phone and having to pay full retail price for it to avoid the ETF. Full price for a high end new phone could easily top $500.
No Credit ChecksWhen signing up for service with a postpaid cell phone provider, everyone is subjected to a credit check. If your credit’s great, no problem. But if there have been a few bumps along the way, that credit check could result in the wireless provider declining service or requiring a security deposit of as much as $400. It’s very common for younger people, who haven’t yet established a credit history to find themselves in the same situation.
Best Option for Minimal Cell Phone UsersAnother feature of prepaid cell phone service that is often overlooked is that it can be by far the least expensive way to get the security and convenience of having cell phone access if you use the device on an extremely limited basis. Today it seems like everyone has a phone permanently affixed to the ear but there are many people who just don’t use a wireless phone much. For those people, one of the absolutely minimal cost plans could be ideal. You can find plans as for as low as $20 for 60 minutes of service and those minutes can remain valid for as much as ninety days. Admittedly that represents a pricey $.333 per minute of usage so if you plan to use the phone much at all, that’s not a very good deal. One the other hand, if all you want is to have a phone at hand in the event of an emergency or for the rare phone call, a plan like that would be hard to beat.
What to Look for in a Prepaid Cell Phone ServiceThe features and plans offered by Prepaid Cell Phone providers have expanded astronomically recently. The once bare-bones, take it or leave it services now offer an array of options that even have longtime postpaid users giving them another look. Here are some of the plan features to check out as you consider prepaid cell phone service.
Unlimited “Everything” PlansPlans that include unlimited phone calls, texting, email and internet access for a flat monthly fee have been a prominent development in the postpaid wireless world of late. A few of the prepaid cell phone providers have followed suit and now offer all inclusive plans that give the big guys a run for their money. Indeed, a couple of the prepaid plans will be superior to the best of the postpaid plans for some consumers.
Flexible Monthly PlansMany prepaid wireless providers offer one or more monthly plans either in addition to or instead of an unlimited package. The plans can feature a variety of options at a variety of prices to meet the specific needs of individual consumers. The ability to easily change from one plan to another is desirable for many people prepaid providers are typically known for their flexibility in this regard. These plans generally offer a lower per minute cost the larger the plan that is chosen. Some of the plans include text messaging and other data services while others offer such services at additional cost. As is so often the case, choosing a plan that meets your individual needs is paramount.
Economical Daily PlansMost prepaid cell phone providers have daily plans that can be money savers for customers who don’t use their phones on a daily basis. The scenario is that there is a small daily fee that is usually only charged on days that the phone is actually used. There are a couple of ways that these plans generally work. The first is that the daily fee gives you access to a lower per minute rate than the carrier’s base rate. Here’s a typical example of this type of plan. Say a given carrier’s basic fee is $.20 per minute. After paying the daily charge, typically $1, minutes are charged at just $.10. Another variation on this sort of plan charges a higher daily fee, for example, $3 but then offers unlimited calling on days that the phone is used. Determining which plan is best depends on individual phone usage patterns.
Pay-as-You-GoThe several phone service providers use the terms to mean different things including some of the monthly and daily plans discussed above. For purposes of consistency, when we speak of pay-as-you-go, we’re referring to pure usage based phone charges. It’s the classic use of prepaid phone service in which a given amount of airtime is purchased and the balance is decremented as the phone is used.
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Customers can expect more on these fronts in the next 12 months from, Wireless Cellular Stores, Food Marts/Gas Stations, Pawn Shops, Convenience Stores, Mail/Packing Store, Payday Loans, Check Cashing Location, Supermarkets and Banks, retailers can compete with multichannel giants to increase profits, improve customer satisfaction and repeat foot traffic. Now your customers can pay all or any paperless money order bills here! and topup prepaid cellular phones.
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Vist Pay All Bill Here Payment Services | Prepaid Cellular Phone Topup System | One-stop convenience for anyone wanting to pay any biller in your retail store. The nationwide, Internet-based process is underwritten by an FDIC - insured bank and utilizes relationships with thousands of commercial billers in various industries that have agreed to accept any payments electronically.
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Contact Us! Ready to get started? Contact us at getstarted@prepaiddirectwireless.com Describe the business, your name, store business name, address, city, state with phone number with the best times to contact: or Phone: 877-947-3577
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