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Verizon Launches New Prepaid Service

Article Comments  35  

Feb 21, 2005, 10:03 AM   by (staff)

Verizon Wireless today launched INpulse, the company's new prepaid wireless service. Available today, the service offers unlimited calling to other Verizon Wireless customers, as well as unlimited domestic night calling (after 9 PM,) for a flat rate of 99 cents per day. Daytime calls to non-Verizon customers cost 10 cents per minute. Calls to Canada and Mexico cost an extra 20 cents per minute; other countries cost an extra 50 cents per minute. Prepaid airtime expires at varying intervals depending on the value purchased. The service is available with two phones: the Kyocera KX 414 for $99.99, and the LG VX 3200 for $129.99. Each comes with $50 worth of airtime.

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hot_md_guy

Feb 22, 2005, 11:28 AM

It's no Go Phone.

This service was created by Verizon because of Cingular's Go Phone. Almost 30% of Cingular's activations every month is the Go Phone service.

They mask the marketing claiming it's for youth or whatever, but frankly it's for people who do not meet credit standards. Youth and minorities.

How much is anyone willing to wager they come out with a brochure in espanol?

This service is much more expensive then standard prepay. They make almost regular monthly revenue, requiring a top up almost every monthly cycle.

Definitly if they want a credit card.

Which, by the way Cingular does too now. Their new Go Phone REQUIRES a credit card. They will not do cash payments anymore. Why? Because they want promised revenue every month.

They d...
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If 30% of Cingular's activations are prepaid, which I kind of doubt, then they will have a roller coaster revenue stream. The prepaid market is not only for credit challenged but for temporary situations, low usage, and the youth market. If mom and da...
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Prepaid isn't as profitable as monthly service over the long haul anyway.....contract customers will be with you for two years one way or another. Prepaid customers can walk away the next day. If I had the choice, I would rather have a contract cust...
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Ok let's first get your racist comment taken care of. You say this service is only for youths and minorities? This means you are implynig that all minorities have no credit. This is the most ignorant statement I have heard in a while. Credit has nothi...
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hahaha.
What is it that you got against verizon wireless???, you just can understand they have the best reliable wireless network, anyways I agree this prepaid plan is a litlle expensive,
and it is no gophone, you wish!! This plan is way better than...
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"
How much is anyone willing to wager they come out with a brochure in espanol?
"

yo like every brochure we have has a spanish verison.

This is so the people at the verizon store can offer something to people who want a plan and have no credit...
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hot_md_guy said:

How much is anyone willing to wager they come out with a brochure in espanol?

Come on down to North Cuba where everything's in two languages.
elihuspeaks

Feb 26, 2005, 2:19 PM

Other carriers?

Does anyone know if other companies like T-Mobile are going to start offering pre-paid services similar to this (or to Cingular's go-phone)? Thanks in advance.
RSGuyDenver

Feb 21, 2005, 12:31 PM

And here go more customers to postpaid

🙄
Sure, thats probably what Verizon wants. However prepaid should be for those people who don't want large monthly bills (which this in effect is). I for one will NOT be changing my moms current prepaid over to the new system. I'd be out 30 bux a month, and shed never use it, whereas now i put 15 in each month, and she now has over 20 hours of talktime accrued.
Their positioning seems to be towards the younger generation - ie., kids who can't sign contract, parents give them too much money to spend, and they have a bunch of friends with verizon phones. For kids who are going to call either VZW people or on ...
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Minute packs are better, bad thing not available in all areas yet.
Do a research on them 😉
muchdrama

Feb 21, 2005, 8:45 PM

Juggling act?

What gives with Verizon's constant revamping of its prepaid service? Isn't this the third time since 2003 they've made changes to it?
Prepaid is a market that is a bit bizzarre. New prepaid offerings keep the pot stirred.
Other carriers do a similar thing with multiple prepaid offerings.
Watch for some of the other prepaid companies to respond with new offerings of their own.
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