Showing posts with label Virgin Mobile. Show all posts
Showing posts with label Virgin Mobile. Show all posts

Cheapest Unlimited Data Plans

Average Cell Phone Voice Minutes Used by Age
The smartphone data usage trend and the decline in cellular voice minute usage are concerning to the telecom industry.  In theory, you really don't really need to buy talk time minutes if you have a data plan or only use WiFi for making VoIP calls.  Carriers are constantly pushing their fast new 4G LTE networks but in reality, they compete with Free WiFi.  So as a consumer you should be smart about what you buy.  Here is a list of data plans in order of pricing. The trick is buying a phone on the provider network or having an unlocked phone that works on any of these networks.

Virgin Mobile - No Contract plan for $25 per month which includes unlimited data, text, and 300 calling minutes on 3G.

Tracfone / Net10 - No Contract $45 per month with unlimited data, text, and talk on 3G.

MetroPCS - No Contract for $40 per month with unlimited talk, and text. Some data roaming charges may apply as the network is limited in size but they do have an LTE network that is fast.

Boost Mobile  - No Contract: for $40 per month with unlimited talk, text, data, no roaming charges. 3G is available with some phones.

T-Mobile (Best Value!)- No Contract for $40 per month which includes unlimited data on 3G and 4G HSPA+ Blackberry phones will cost you $50 per month for unlimited data.  If you are an older customer hopefully you have been grandfathered into their old plan which costs $25 per month.  

Sprint - Requires a 2-year contract for $69.99 per month which includes unlimited data, text, and calling.

AT&T data plan - plans range in price from $15 for a 200 MB data plan and $25 per month for 2 MB. If are conscious about downloading video on WiFi their pricing plans might work for you. Caution because just like texting they have crazy data charges of $10 per 1 GB of data if you go over and the data is not reusable on monthly basis.  AT&T is also rolling out a 4G HSPA+ network.

Verizon Wireless - Requires customers to buy a mobile package that is more than $30 per month and you’re limited to 5GB per month.  They do have an LTE network coming out in 2011 but this will require you to purchase an LTE compatible phone.

Does MagicJack Work?

Our Review of the Walt Mossberg Review of Magic Jack (DCZ)

By Walt Mossberg When I see a high-tech product (DCZ: with good PR people who get it to you first) that's advertised mainly via frequent hard-sell TV ads as if it were a diet pill, I tend to assume it can't be very good (DCZ: your late to the game if 4M people have purchased?), especially if its price is absurdly low. So, I haven't paid much attention to a product called magicJack, a small $40 adapter for your computer that claims to let you make unlimited domestic phone calls over the Internet with your home telephone free for a whole year—and for just $20 a year thereafter. (DCZ:  because it wasn't originally sold through mainstream retail and was hated by the big carriers?)

But after receiving reader requests to review magicJack (DCZ: Why?), I decided to do so. To my surprise, it worked pretty much as advertised. It has a few drawbacks, and extra fees for added services, such as vanity phone numbers. But I found magicJack easy to set up and easy to use, and it yielded decent, if not pristine, call quality. I even tested customer support—a source of complaints online—and found it friendly, fast, and responsive.

Magic Jack is a new device and service that allows you to make cheap phone calls through your computer. Overall, the product works as advertised, Walt Mossberg found. MagicJack looks like an oversized USB flash drive. On one end is a standard USB connector for the PC; on the other is a standard phone jack to plug in a phone. It's compatible with PCs running Windows XP, Vista, and Windows 7, as well as with all Intel-based Macs. It works with both corded and cordless phones, and comes with software for dialing, though you can also dial directly from a connected phone.

The low annual fee covers calls to and from any phone on any telephone network—landline or cellphone—not just phones connected to computers or to other magicJack. The only restriction is that the numbers called must be in the U.S., Canada, Puerto Rico, or the U.S. Virgin Islands. You can also buy low-cost prepaid international minutes, or take your magicJack abroad to make free calls home. You can move it among different computers and locations.

MagicJack can also be used without a phone handset, via a computer headset or the computer's built-in microphone and speakers.  There's nothing new about Internet (DCZ: VoIP) phone calls. Companies like Vonage and Skype have been doing it for years. But magicJack is different. It emphasizes calling to and from phones on regular wired and wireless phone networks, and its prices for calls to and from such non-Internet-connected phones are much lower.  (DCZ: MagicJack is 2X larger than Vonage with 2M customers and would be curious to see what the service quality performance record is compared to Skype)

For instance, the lowest plan advertised on Vonage's Web site for calling regular phones in the U.S., Canada, and Puerto Rico is $17.99 a month, or about $216 a year, versus magicJack's $20. And Vonage gives you only 500 minutes a month, while magicJack sets no limit. Skype charges per minute or monthly fees for calls to regular phones and an added fee to receive incoming calls.  (DCZ: What about Google Voice?)

The maker of magicJack says its low prices are possible because the product is produced by a privately held Florida company called YMAX, which is also a phone carrier (DCZ:  also known as a CLEC). The company also runs ads inside its software. You can buy the device at a wide variety of stores, even drugstores and convenience stores. (DCZ: Do you think they might actually make more money off of location-based advertising eventually?)

I tested magicJack on both a PC and a Mac. The software resides inside the magicJack itself and installs each time you connect it.  In my tests, I made and received calls on both computers, using a single landline phone and using a cordless-phone system in my house after plugging its base station into the magicJack. In the latter case, I could make and receive calls from cordless phones all over my house. I exchanged calls with both landline phones and cellphones from the magicJack.  The call quality was good, except for a few times when the connection got scratchy for a second or two. Most of the people I called said they couldn't tell I wasn't on a regular call. The system offers voice mail, call forwarding, and conference calls, and you can save contacts.  A couple of times I didn't get an immediate dial tone and had to hang up and try again.

The biggest downside of the magicJack compared with regular phone service is that you have to be running an Internet-connected computer, with a magicJack installed anytime you want to make or receive calls.  (DCZ:  It also works with WiFi?) Also, as with all Internet phone systems, you have to register your address with 911 emergency systems.   With magicJack, you get a new phone number. The company says it is working on allowing you to port your existing landline number. You can keep your landline number for use on some phones or when you're not using magicJack.

I found magicJack worked better on Windows than on the Mac. (DCZ:  Not a shocker) At one point, magicJack customer support had to send me software to patch the Mac version. But the company claims it is fixing that with a new Mac version coming soon.

YMAX also says it plans to roll out this year a Skype-like service that won't require any magicJack hardware, just a PC or an iPhone. It also plans a new version of magicJack to turn cellphones into wireless magicJack handsets. (DCZ:  This is going to be called the Femto Jack)

I don't know if those diet pills in the TV ads work. (DCZ:  Direct response marketing works) But magicJack does.

Goldman Sachs Bullish on Telecom Stocks?

I have been hearing lots retail and institutional players scooping up AT&T & Verizon shares recently chasing nice 7%+ yields.  One way for people to do this is through the IYZ ETF which contains a basket of telecom stocks which include mostly: Sprint, Verizon & AT&T which make up 28% of the IYZ portfolio's holdings.  The IYZ ETF has a yield of 3.7% according to Google and Yahoo Finance based on the last dividend payout.



This video above was originally broadcast from the floor of the CBOE by the ETF Super Pit Hit on the OptionMonster YouTube channel on Wednesday, June 9, 2010. The video highlights potential bullishness or a possible hedge on the  trading desks of the largest bank Goldman Sachs.  Apparently a customer of Goldman was looking to buy the Telecom Exchange Traded Fund (ETF) IYZ iShares. Goldman Sachs wanted a July 30th (Exp) 20 call option (Bullish) which is not too far out of the money and relatively cheap considering all of the market volatility we have had as of late.  Some sophisticated investors might also argue this as a bearish indicator or a hedge against a short position in the ETF or long position in an individual stock.  However, strangely Goldman wanted a funky expiration date of July 30th and not the normal month-end expiration July 16 or August 20 (see options expiration calendar).  I am scratching my head as to why they would not take the middle of the month of July or August.  Is there some additional telecom news coming to market in the next 45 days?  Lets watch and see.  Maybe a potential merger or acquisition of T-Mobile or Sprint?

If ETF does make it above 20 it should have room to fly based on technical chargs but what could be the catalyst for this to happen?  Are they predicting that all of the 4G / LTE buzz and the iPhone 4 phone (Not 4G only 3G) will be the driver for this?  I happen to think telecom is going to face some fierce competition from FREE Wi-Fi as the primary competitor to LTE and 4G. I am not particularly bullish but I have owned the ETF for a few years.  The industry and the ETF have not performed particularly well over the last 10 years but I am hoping for the best.


One thing that surprises me is that only 25% of the fund is invested in Mobile Telecom companies and the other 75% is in Fixed Line Telecommunications companies.  Yes . . .  fixed line telecom is a bit more stable but that is not where the growth is.  I am also surprised not to see a small portion of the fund invested in Clearwire as well (CLWR) even though it has its' share of financial issues.  The last thing that surprises me is that cable companies Comcast, Cablevision and Time Warner absent from the index. (CMCSA, CVC, TWC).  Cable Companies are making a huge push into telecom right now and will be direct competitors with AT&T and Verizon Wireless soon.

Ticker Name % of Assets
T AT&T INC 18.31
VZ VERIZON COMMUNICATIONS INC 12.84
S SPRINT NEXTEL CORP 8.35
CTL CENTURYLINK INC 6.25
Q QWEST COMMUNICATIONS INTL 5.23
WIN WINDSTREAM CORP 4.9
NIHD NII HOLDINGS INC 4.59
VMED VIRGIN MEDIA INC 4.02
LUK LEUCADIA NATIONAL CORP 3.49
TDS TELEPHONE AND DATA SYSTEMS 3.24
FTR FRONTIER COMMUNICATIONS CORP 3.08
PCS METROPCS COMMUNICATIONS INC 2.98
TWTC TW TELECOM INC 2.86
LVLT LEVEL 3 COMMUNICATIONS INC 2.3
LEAP LEAP WIRELESS INTL INC 1.63
ABVT ABOVENET INC 1.56
USM US CELLULAR CORP 1.38
CBB CINCINNATI BELL INC 1.3
NTLS NTELOS HOLDINGS CORP 1.2
RCNI RCN CORP 1.2
CBEY CBEYOND INC 1.05
PAET PAETEC HOLDING CORP 1.03
ATNI ATLANTIC TELE-NETWORK INC 1.01
CNSL CONSOLIDATED COMMUNICATIONS 1
ALSK ALASKA COMM SYSTEMS GROUP 0.97
SHEN SHENANDOAH TELECOMMUN CO 0.94
GLBC GLOBAL CROSSING LTD 0.91
USMO USA MOBILITY INC 0.87
GNCMA GENERAL COMMUNICATION INC-A 0.77
SURW SUREWEST COMMUNICATIONS 0.35

Popular Posts