Your thoughts on Millenicom...
I've been investigating data plans. While Verizon is on the short list, Millenicom is now showing up as a possibility. From what I know, cost is about the same, there are no contracts and coverage i...
Forum Discussion
TomG2 wrote:
Okay, I will play the devil's advocate and ask the obvious question. "Why does Verizon help Millenicom steal some of its current or potential customers?" I believe in the old "There is no free lunch" statement. What I am reading is that Millenicom beats Verizon in every way. Usually, if something is too good to be true........
Millenicom operates the same as every other MVNO*, from Tracfone on down. They buy time or bandwidth in bulk at wholesale prices and resell it to their customer base. Verizon gets a huge sale with just one transaction, instead of thousands of more costly small transactions. It might be likened to campgrounds that rent seasonal sites at a much lower per day price than single day site rentals.
*MVNO = Mobile Virtual Network Operator
