Verizon Unveils Prepaid Option for Smartphones

by Mercator Advisory Group 0

Prepaid mobile, at a 13% growth rate, continues to be theprimary opportunity for mobile operators. In a challenge to prepaidsmartphone suppliers like Leap, Verizon has expanded its prepaid mobile phoneoption to include the full line of Verizon smartphones including the DroidX. Of course the devil is in the contractual details since actually usingthe advanced services can add significant additional costs; as indicated inthis article.

VerizonWireless on Thursday started giving smartphone users the option of paying forcalls in advance instead of committing to long-term contracts, a move that pitsit directly against rivals like Leap Wireless.

Themove by U.S. mobile market leader Verizon Wireless follows an announcementearlier this summer that Leap, a prepaid specialist, would start sellingsmartphones.

Thecompany did not offer a price list for the prepaid phones but said pricingwould be close to the amount it charges customers signing up for a one-yearpostpaid contract.

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