Rising wireless bills are pushing more consumers to reconsider traditional phone plans and explore lower-cost alternatives. Prepaid wireless, once viewed primarily as a budget option, is drawing renewed interest as shoppers look for flexible ways to cut recurring expenses without committing to long-term contracts.
Much of the growth is being driven by mobile virtual network operators (MVNOs), which lease network access from major carriers such as Verizon, AT&T and T-Mobile. Because MVNOs don’t maintain their own infrastructure, they can often offer comparable coverage at lower monthly prices.
