Mobile connection services are either prepaid or postpaid.
Prepaid services
With these services, customers buy a certain quanta of incoming and outgoing connections of various types.
Postpaid services
This is offered to credit-worthy customers.
Contracts
People are attracted to enter into a contract in which they agree to use a company’s mobile connection services for a certain period of time, in exchange for incentives such as discounts on attractive mobile devices.
The cost of these devices and incentives provided to sales agents is, of course, recovered from the profits earned using the customer’s business.
Group contracts
Aka family plans. Companies try to attract the close contacts of a customer to use the same network by offering reduced prices for groups of people.
Early termination
Early termination involves payment of certain fees. If a person is terminating the contract early because he is abroad, this fee may often be waived in USA.
Renewal
Companies offer to renew the contract before the termination [Incomplete]