Business
T-Mobile does away with contracts
By Investment Moats  •  March 27, 2013
Trying to fight against the 3 top telecoms in US, T-Mobile does away with the 2 year contract, a move to entice users to their network, as the CEO said that their network is much better than Verizon and AT&T. Mobile plans cost either $50, $60, of $70 a month, providing unlimited voice and text with 500 megabytes, 2 gigabytes or unlimited data, respectively. T-Mobile CEO John Legere insists its customers will save money in the long run because its plans are cheaper. In truth, the cheapest AT&T plan costs a little less over the span of two years than the cheapest T-Mobile plan with a new iPhone 5 from Apple (AAPL, Fortune 500). But when you make the bump past the cheapest plans, the value of T-Mobile’s unlimited offerings rises — especially considering that data tethering is thrown in for free. All of this makes ......
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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