You're Probably Paying Too Much for Your Mobile-Phone Service

  • 50%-70% of wireless customers overpay: Consumer Reports
  • Special prices readily available for disgruntled customers
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Michael McCormack has followed the wireless industry professionally for years, and he’s also a customer. Like the rest of us, he doesn’t like overpaying for a mobile-phone plan.

So when the Jefferies LLC analyst spotted a T-Mobile US Inc.Bloomberg Terminal promotion offering four lines for $150 a month -- $40 less than he was being charged -- he promptly called the company to ask to be switched to a new plan. T-Mobile agreed.