I have been holding out hope that it would happen sooner than this, but the day has finally arrived. The nation's major wireless companies have begun what appears to be a very aggressive price war. This means nothing but great news for consumers.
Sunday morning I was browsing the news while eating breakfast and tripped across a story about a new AT&T program that would dramatically bring down the cost of their family plan (all in reaction to a new family plan deal offered by rival T-Mobile). The new $175 package offers unlimited talk, text, and 10 GB of shared data for a family of five. I have a family of five users with AT&T and my bill was more than a $100 higher than this (time to get on the phone). In less than five minutes, AT&T moved me to their new plan and my monthly bill going forward will be reduced by more than $115. That was easy! I posted this news on my Facebook page with a link to the AT&T press release. Several other folks that are connected with me on social media had similar experiences, some (with larger families) saving even as much as I did.
It was bound to happen. Cell phones and mobile devices have become ubiquitous, and the major carriers are fighting desperately for their piece of the pie. We also can't forget about the price pressure being brought to bear by the lesser known names in the pre-paid cell phone space as well. Another example of how nasty things are getting was when AT&T announced last month that it would pay T-Mobile customers up to $450 to move over to them. Well, all of us that pay a monthly cell phone bill should feel like the prettiest girl at the prom. The deals just get better and better as they all fight for our business.
What To Look For Next
- Continued Price Declines
- Increased Sign Up Bonuses
- More 'No Contract' Plans
- Lower Cost For Data And More Unlimited Data Plans
- Increased Savings For Multi-User Plans
Now is the time to make a few phone calls to see what savings there are to be had. You might find that staying with your existing provider is a viable option. It is likely, however, that you won't automatically be moved to a lower cost plan without asking. We were seriously considering dropping our traditional wireless plan with AT&T and going with a pre-paid provider. This price drop keeps us at AT&T for now, which is a win-win for all parties concerned. Many people are not aware that they can port their phone number to a new company if they decide to make a move. Don't let this stop you from going with the best deal for your family.
Helping you make the most of God’s money!