If you are a Prepaid Phone News reader you already know that prepaid is the most cost-effective way to purchase cellphone service. But did you know that you are also part of a rapidly growing trend?
I just ran across some interesting statistics on prepaid adoption. According to a report from the New Millennium Research Council, a think tank that analyzes telecommunications and technology trends:
- New prepaid subscriptions increased by 45% in 2010 compared with 2009*
- Three out of five (60%) new US wireless subscriptions in 2010 where prepaid. There were 8 million new prepaid subscriptions versus 4.8 million postpaid.
- By the end of 2011, 25% of US wireless subscribers will be prepaid, up from 17% in 2009 and 8% in 2006*.
*Prior year and global data from Channel Vision Magazine (PDF).
You can read the original report here (PDF). It's also available as a regular web page on Reuters.
Source: Millennium Research Council via @PagePlus
Chart: Channel Vision Magazine