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A prepaid mobile device, also known as a pay-as-you-go (PAYG), pay-as-you-talk, pay and go, go-phone, prepay, or burner phone, is a mobile device such as a phone for which credit is purchased in advance of service use. The purchased credit is used to pay for telecommunications services at the point the service is accessed or consumed.
The history of the prepaid mobile phones began in the 1990s when mobile phone operators sought to expand their market reach. Up until this point, mobile phone services were exclusively offered on a postpaid basis (contract-based), which excluded individuals with poor credit ratings and minors under the age of 18 (the typical age of contractual.)
Mobile virtual network operators (MVNOs) in the United States lease wireless telephone and data service from the four major cellular carriers in the country—AT&T Mobility, Boost Mobile, T-Mobile US, and Verizon—and offer various levels of free and/or paid talk, text and data services to their customers.
In yet another sign that money is tight, more people are getting prepaid cellphones instead of the traditional cellphone plans where customers get a bill at the end of the month, according to a ...
According to a recent report from NPD, prepaid smartphones are increasing in popularity with U.S. consumers. In the first quarter, prepaid smartphones represented 32% of all smartphone sales, an ...
As per Bloomberg, AT&T’s 403,000 postpaid phone net adds a quashed consensus of 394.6 thousand. ... Prepaid churn was 2.73% compared to 2.78% in the year-ago quarter.
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