5G network upgrades cost $4,500 per user, but are cheaper than the cost of a cell phone
Mobile carriers and equipment makers have been selling discounted cellular phones for years, but this is the first time that the discounts are available to customers, according to new research.
Mobile carriers and hardware makers have long been selling discounts to customers for purchasing the cheapest devices, with the idea that they’ll use them for things like browsing and texting instead of having to buy expensive devices like smartphones.
However, the discounts have been less common and less effective in the past, according the study, conducted by the consultancy firm Gartner.
“There’s been an increase in the amount of discount cell phone deals on both the carrier and OEM level,” the study’s authors wrote.
“Most of the discounts were offered to customers who wanted to buy the cheapest device that they could.
Some of these discounts were available for a limited time, and others were limited to certain days.”
Gartner says that about $4.2 billion worth of discount cellular phone deals were available from February 1, 2017 through June 30, 2018.
The study also noted that about 2.6 million of the 3.4 million discount cellular deals were for phones costing $199 or less, while about 854,000 of those discounts were for $299 or more.
The discounts were also cheaper than they were in the years prior to the iPhone and Android’s introduction, with prices starting at $129 for a 1-GB iPhone 5s, down to $179 for a 16GB iPhone 6, and $239 for a 64GB iPhone 7.
The average price for a $100 iPhone 7 in 2018 was $99, down from $109 in 2018.
Gartners report also found that about 5.7 million of these cell phone discounts were purchased from carriers that sell phones costing more than $299.
The discounts offered for the iPhone 6 and iPhone 7 cost the same or slightly less than $200 in 2018, with a total of 5.3 million discounts offered.
However, most of these deals were limited for a day, with only 4.9 million of them offering unlimited data and texting.
The remaining 7.5 million were limited in duration.
The report’s authors also noted the increased popularity of smartphones over the past decade, which is driving a trend toward a higher price for phones with more storage.
“The trend toward more and more smartphones in a smartphone lineup, coupled with the increasing availability of unlimited data on the smartphone side, has seen more and a higher number of discounted cell phone plans available in the last few years,” they wrote.
“These discounts are generally more expensive than those offered by other carriers and manufacturers.”