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Prepaid Cellphones Are Cheaper. Why Aren’t They Popular?
Posted: 03-Aug-2012 [Source: NYT]

[Contracts offering subsidized handsets, a lack of attractive smartphones and lower marketing budgets have been offered as the main reasons only 23 of U.S. consumers use contract-free phone plans. ]

By Brian X. Chen (NYT) -- "Contract-free phone plans account for only 23 percent of the wireless customers in the United States phone market, according to the research firm Ovum. The rest are subscribers locked into contracts and paying higher monthly fees."

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