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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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From: Elroy Jetson	10/24/2011 5:26:40 PM
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Verizon and other wireless companies have some serious competition for their wildly overpriced "Data Plans"! I have a wireless data phone built into my laptop, but I never activated it because to me it wasn't worth an $60 monthly wireless bill, in addition to my existing cell phone bill, - I have access to WiFi most places I go, but not everywhere. Wireless charges in the US are pretty expensive compared to Europe or Australia. I just added a 3G/4G USB device from Time-Warner (Southern California) for only an additional $20 a month, on top of my internet and cable TV service. With this I get free access to to all of Time-Warner's newly installed WiFi hotspots through-out their network (as well as those in the Sprint network) with my built-in WiFi. In areas without WiFi, I can plug in the 1 inch diameter USB device and access the internet with 4G, or 3G in areas where fast 4G in not available. This is the Sprint network which Time-Warner, a major Sprint shareholder, is giving me access to as part of the $20 monthly fee. Great reception and speed. Each additional 3G/4G service per account is an extra $30 a month, so the $20 price is obviously subsidized. You get 2 GB per month of 3G/4G with a usage meter program for your convenience installed on your laptop. Each additional GB per month of 3G/4G is $10. You can have a "personal WiFi hotspot" if you prefer that to a USB device. The device is $120, or you get it free with a 2 year contract. I preferred paying the $120. I understand Comcast and other cable operators (also major shareholders in Sprint) are or will be, offering this service. From my perspective $60+ per month for data isn't worth it, but $20 a month for internet everywhere I am makes sense. Time-Warner and others do not yet have these services advertised or online in most regions where it is being installed. You have to call or visit their office to set this up if it's being installed in your area. This may be old news to some, but It's new in Southern California.

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