We thought Verizon Wireless would consider the future of wireless as prepaid, but they have done exactly the opposite and dumped some of their lowest-priced Prepaid plans. As reported in Prepaid Phone News, Verizon has dropped a few of their Prepaid plans, probably to keep from eroding their postpaid numbers.
Recently we reported that Verizon CFO Fran Shammo quoted, "quite honestly, we use the TracFone brand as our prepaid product." At that time we thought the world of monthly phone payments and cheaper prepaid plans would cause Verizon to change their minds. Not so. Instead, they're handing the low end of the market to alternative carriers who deal with a lower profit margin and then, in some cases, send a nice check to Verizon each month.
This may mean that with Verizon avoiding the lowest part of the prepaid market, we may all see a wider variety of prepaid plans that could lower our wireless cost. What used to be a place to help you switch to Prepaid wireless, our Mountain Prepaid web site is now the source to help you select from the myriad of choices of Prepaid providers who offer service as good as the main carriers.