Saturday, September 26, 2009

Seeking the best savings on telco services

When it comes to seeking out the best savings for telco services, the first step is of course to check if there is any corporate plan which you can tag onto. If yes, seek out the corporate plan that gives you the most amount of savings. Sometimes, the savings can be so substantial that it is worth paying the up-front administrative fees ($10 to $20) to change ownership of the mobile line to the person in the household who has the best corporate plan. Furthermore, with number portability these days, changing telco is no longer a problem as we get to retain our existing number at no extra costs. Hence, do compare the corporate plans available for the different telcos and pick the best one.

Some of you may not be aware that there are actually people around who are willing to pay you a few hundreds (exact amount depends on your mobile plan) to recontract your mobile phone service - just browse through the newspaper classified and you will see a number of advert on this. What they want from you is the new mobile phone which you get from recontracting. From what I understand, it is cheaper for these people to acquire the new phone in this way as compared to buying the new phones directly from the authorized suppliers or maybe some of them do not have the rights to purchase phones directly from suppliers.

Recently, I just became a Starhub Hub Club member as I subscribed to their mobile phone, cable tv and broadband services (3 services) and I am quite pleased that with the enrolment as a Hub Club member, I can do a phone upgrade every 12 months instead of the usual 21 months. As I am a happy i-phone user, I reckon I will be getting myself paid twice for recontracting in the next 2 years. Now, that's a way of making easy money.

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