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Cellular Phone Service Providers Typically Offer Customers a Set Number

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Cellular phone service providers typically offer customers a set number of minutes for a monthly fee plus a per-minute rate for extra phone usage. What is the pricing strategy being implemented by these cellular phone service providers?


Definitions:

Global Competition

The situation where businesses compete with others around the world for market share, resources, and talent, driving innovation and efficiency.

Tariffs

Taxes imposed by a government on imported goods.

International Boundaries

Geographic demarcations that define the territorial limits between different sovereign states.

Taxes

Compulsory financial charges or some other type of levy imposed on a taxpayer by a governmental organization in order to fund various public expenditures.

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