Best Postpaid Plan in Singapore (Without Contract)
The Era of No-Contract Mobile Postpaid Plan
The initial sunk cost (or investment) of setting up telecom infrastructure is high. In the early days, to promote mass market of mobile phone, telecom operators adopted free phone for a 2-year contract. In today's context, the strategy of giving free phone is no longer practiced. Instead, telecom operators twisted to "subsidise" the phone for your 2-year contract. If you are silly enough to sign up for a free phone, then you are one of those good customers who are "stupid" to pay more for an inferior phone (or $0 phone) at a premium price.
You may challenge: What inferior phone? My answer is simply you are paying extra (minimum $10/month) for 24 months. Telecom company has collected $240 over 2 years for the lowest plan. They have successfully lock you in for 24 months else you will be penalised for breaking the contract. As long as manufacturers are willing to sell the mobile phone for less than $200, they can sell the phone at cost but their objective to tie you down for 2 years is achieved. To make higher margins, some phones cost only $50 so they can make high margin if you select an outdated smartphone. Well, with such high margin, they can afford to throw you some free gifts to sweeten the deal.
If you have a high-end or reasonably solid smartphone, it can last you for 4 to 5 years and there is no need to change a new one after 2 years. Why should you be paying for another 2 years contract and the penalty of $240? So telecom companies will give you voucher as high as $500 because you have already paid them $1000 in the last 2 years. By sacrificing some profits, they are able to secure and lock you in for another 2 years. More good years!
When M1 started offering postpaid plan without contract, others follow reluctantly as many abandoned the postpaid contract after maturity. It is a wise thing to do because you can choose what you need. For example, if you only wish to call out, just pay $36.05 for unlimited minutes instead of over $200. Imagine how much you can save or how much telecom company was earning! The best part is you have the freedom to jump ship anytime since there is no contract to bind you for 24 months. Besides choosing a phone which you like that can last for more than 2 years, you must decide which plan is suitable for you?
Look no further, just participate in the survey below and we will send you the best plan to suit your lifestyle with the minimum cost. Do not trap yourself with the current mindset of 2 years contract and get a new phone. You should free yourself from the standard S$36 for a 100-min/mth plan and look beyond the free phone and contract. Communication should be bond free to be enjoyable.
