Boom times for prepaid cell phone operators

**MIG-31** · May 8, 2009, 07:14 AM

Prepaid wireless providers are scooping up subscribers as cash strapped consumers downgrade to lower cost cell phone service.

First quarter earnings reports from MetroPCS Communications and Leap Wireless on Thursday provided further evidence that consumers are flocking toward no-contract, unlimited prepaid services. These carriers, which operate primarily in smaller urban areas, each reported they had nearly doubled their subscription rate compared to a year ago.
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Source: C|Net (Wireless)

May 8, 2009, 07:14 AM	#1
MIG-31 HardwareHeaven News Mod Join Date: Dec 2002 Location: Nottingham,UK Posts: 56,854 Rep Power: 471 System Specs	Boom times for prepaid cell phone operators Prepaid wireless providers are scooping up subscribers as cash strapped consumers downgrade to lower cost cell phone service. First quarter earnings reports from MetroPCS Communications and Leap Wireless on Thursday provided further evidence that consumers are flocking toward no-contract, unlimited prepaid services. These carriers, which operate primarily in smaller urban areas, each reported they had nearly doubled their subscription rate compared to a year ago. ____________ Source: C\|Net (Wireless) __________________ Please Post Your News Submissions Here