Archive for August 7th, 2012

Back in My Day Mobile Phones Cost £2,500

The Phenomenon of Shrinking Cell Phones

Mobile phones are everywhere. And yet, most of us act like they have always been there. Mobiles have become an indispensable communication tool because they can do so much and are so portable. Cell phone “shrinking” is an interesting by-product of the mobile phone industry.

“Shrinking” has two related definitions that operate on two fronts in the mobile industry: First, as mobile phones get increasingly smaller, manufacturers are increasing speed, adding new applications and improving connectivity. Consumers love it. The second part of the shrinking phenomenon is motivated by phone service cost. The mobile industry is introducing new and more costly prepaid contracts that replace plans based simply on minutes used. Providers have found that consumers are spending as much – if not more – time using mobiles to connect the Internet rather than talking. As new plans are introduced, consumers are taking a long hard look at their service plans to “shrink” costs and get the best pricing for the services they use.

Experts offer some suggestions to consider when looking at the new prepaid plans: