No-Contract Phone Market Gains Steam

No-Contract Phone Market Gains Steam 
NOTE TO EDITORS: The Following Is a Research Alert Issued by Century
Capital Research 
NEW YORK, NY -- (Marketwire) -- 06/15/12 --   A USA Today article on
the emerging pre-paid phone market highlights that Verizon Wireless
(VZ), AT&T (T) and other major wireless carriers are focusing on a
class of customers they once largely ignored: bargain hunters with a
fear of commitment. Major carriers "are focusing on pre-paid as a
growth engine," says analyst John Weber of IDC. The research firm
estimates the pre-paid market will grow 7.4% a year on average until
Along with pre-paid cell phones, pre-paid landline carriers are
making headlines with offering no contract phone service to homes and
businesses. Providers of local telephone services like Everybody's
Phone Company (PINKSHEETS: EVPH) and Telstra (Australia) offer any
individual who has been denied access by their local providers, or to
those individuals who do not wish to purchase services from their
regional operating company. The service is provided on a pre-paid
basis before monthly service begins, therefore eliminating deposit
requirements, credit checks, ID, or social security questions. As
landline subscribers continue to fall nationwide, pre-paid options
could rise as a viable option in households and businesses that rely
more on mobile phones as a primary way of making calls. 
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