One trend that is leading the way and giving the “Big Four” (AT&T, Sprint, T-Mobile and Verizon Wireless) and their locked-in contract plans a run for their money are no-contract wireless service providers who can offer almost identical service without the forced commitment, higher prices and termination penalties, to name a few.
Omar Abhari, SVP of GIV Mobile, offers 5 reasons why it is time to say goodbye to the Big Four and hello to no-contract plans:
If unsatisfied with your current plan, no-contract wireless plans give subscribers the flexibility to switch to something else that inspires them, such as a service that donates 8% of your monthly cell phone bill.
2) No Deposits, No Fees, No Surprise Charges
Most no-contract wireless plans do not require a deposit to open an account, unlike contract carriers. Plus, contracted cellular service providers charge a hefty early cancellation fee. With services like GIV Mobile, you will only pay $40 or $50/month—nothing more and nothing less—cutting costs and those occasional billing surprises.
With many no-contract carriers available with easy online set up, it beats going to the regular retail store and waiting in line. Plus, if traveling overseas, consumers can easily halt their current plan and buy a local SIM card to use with their phone.
4) Great for Families
With no-contract wireless services, there is often no credit check required to open an account. This is great for teenagers or those who don’t have any credit history and also for parents who want to have control over how much data their children are using.
5) The Way of the Future
While prepaid or no-contract wireless services were perhaps considered mediocre in terms of quality and savings, today no-contract carriers are the way of the future. Many no-contract carriers like GIV Mobile utilize the dependable, 4G networks of big carriers such as T-Mobile USA. Plus, no- contract services are stocking the latest and greatest phones, offering discounts and providing great customer service.