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T-Mobile Ends Contracts and Subsidies
AlphaWolf_HK writes "In what I see as a refreshing change, T-Mobile, the fourth largest carrier in the U.S., has made sweeping changes to its service, ending both phone subsidies and service contracts. Its CEO said, 'Here's the deal: If we suck this month, go somewhere else. If we're good, stay with us.' As part of that change, the new base plan will include unlimited access, including voice, text, and data. Data will be restricted to edge speeds after 500MB with no overage costs, but can be upgraded to 2.5GB for $10, or unlimited for $20. Portable Wi-Fi hotspot usage is also unrestricted for no additional cost. In addition, LTE services just went live in eight markets. As is already standard practice with T-Mobile, you are free to bring your own device. To keep customers from having to front the full cost of the phone with unsubsidized plans, they'll let people pay off phones in installments. They're also getting the iPhone 5 next month for $650."
This is a bold step for T-Mobile and I hope that they succeed. However I am somewhat concerned as I have already seen too many people complain that they'd have to foot the bill for the full cost of the phone. The math would may prove to be difficult for people who are not good at it.
Why is this? Other than 'muricans are dim fucks that put up with any shit?
The problem is that one can't just start his own cell phone network, with blackjack and hookers, because an oligopoly of four companies have snapped up effectively all the spectrum in the cellular bands. One must either put up with what the spectrum cartel offers or do without cellular service. If you believe I've presented a false dilemma, please feel free to explain your third option.