2016 Telecommunications Trends: More Choices, Less Lock-In

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Commitment Phobia

Commitment phobia has been a growing trend over the past five years, as people have shifted away from purchasing in favor of leasing for things like white goods and cars. At the tail end of 2015, we saw this starting to occur within telecommunications. Carriers are now offering device plans — detaching the phone plans from the value of the device — allowing customers to move off two-year contracts. This means lower switching costs and more freedom for customers.

2015 was a great year for the U.S. consumer — rates came down and carriers started shifting away from two-year contracts, giving customers more choice. So what's in store for 2016? David Glickman, CEO of Ultra Mobile, believes it is the year of going global, more devices than ever before, and fewer contractual commitments. Take a look at these six trends for 2016.

 

Related Topics : Verizon Wireless, Nortel, Cox Communications, Transport Layer Security, IPTV

 
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