There are now a lot of deals when it comes to mobile phones that are sold by telecommunications companies. One is the SIM only or is sometimes referred to as a pay monthly SIM, SIM only contract or a SIM only deal. Being considered as a product by mobile telecommunications companies, it is more of a legally binding contract that a customer enters into with the mobile network provider. The contract will be in the form of a credit agreement. Credit checks is where it is subjected to. In the pay monthly SIM, an exchange shall be done wherein the mobile network provider supplies the SIM card, just this one piece of hardware to the customer in an agreed amount network usage. As payment, the customer will be paying on a monthly basis. The best SIM only deals can be measured in text, minutes, data or a combination of these. As for the duration of the contract, it can vary on the basis of the deal chosen by the customer. In UK, there are contracts that can range from 1 to 12 month periods.
What Users Can Get from the Service?
There are differences of a SIM only contract to a mobile phone contract. One is that there is no other hardware included aside from the SIM card itself. For the network usage, SIM only is usually more cost effective that contracts with mobile devices. This is because the SIM only contract will not cover the cost of the mobile device used throughout the contract period unlike in mobile device contracts. In the SIM only, contracts are usually shorter in length because there is no mobile device.
SIM only is definitely getting more popular at a very fast rate. In UK, mobile phone subscriptions in a pay monthly basis grew 8% in 2010 from its previous 49%.