SIM Only deals – Shop around & save $ hundreds.
Phones are cool but they’re not a part of life that most Australians think about much. We’ve got too much else to worry about. Over time, we’ve been taught by phone companies that the most up to date smart mobile phones are unaffordable. Because of the price and the fact we’ve got too much else to do, we’ve fallen in to a trap. We’ve started thinking that we need to sign a 24 month contract to get an up to date device.
The truth is we can do better than contracts. In fact if you shop around and get the best SIM Only deal, plus buy the phone yourself outright, the simple fact is that you’ll save hundreds of dollars.
But you’ve got to look around. We have some suggestions here of some of the best value SIM Only plans. See below for some great SIM Only deals.
Who has the best SIM Only deals?
The answer is MVNOs. Technically, an MVNO is a Mobile Virtual Network Operator. In essence, MVNOs are wireless companies that don’t own their own network. These typically small brands act as an alternative to the major phone companies like Optus, Telstra and Vodafone.
Without doubt, the people with the best SIM Only deals are MVNOs. To you, MVNOs are resellers of the major phone company networks. If you shop around with them for a deal that suits you, you can save a fortune.
How can MVNOs save you money
MVNOs save their customers money by leasing network access ‘in bulk’ from the three, major Australian phone companies. Then they sell it, to customers like you, at a significant discount.
With MVNOs, you can take advantage of lower rates, and SIMs that are contract-free. They almost always offer better deals than the major phone companies. They don’t have the same marketing spends to pass on in the costs they charge you. They don’t spend nearly as much on advertising their brand as the others. By keeping their business models simple, they reduce the support costs and pass the savings on to you. They also need to charge less because they’re not as well known as their multinational competitors.
By keeping their business models simple, MVNOs reduce the support costs and pass the savings on to you in their SIM Only plans.
It’s important to realize that the network coverage component of the ‘product’ the MVNOs sell is very often exactly the same thing being sold by Optus or Vodafone. The coverage you’ll get from an Optus MVNO is exactly the same as the coverage you’ll get from Optus itself. There are a few exceptions and ‘gotchas’ to think about. We’ve covered those in detail, below.
Myths about MVNOs: Prioritization
Some shoppers suspect that MVNOs are getting low quality network bandwidth. For example, minutes that aren’t used by carriers during peak activity. That’s just not true. In many ways, network access is like electricity. It’s a utility which is the same whomever or whichever company you buy it from. You will not get a lower priority on the network if you go with an MVNO.
Why are MVNO deals cheaper?
The MVNOs marketplace is highly competitive. The competition is focused where you want it. MVNOs have an agreed charter with the major phone companies. Each MVNO is set up to focus on servicing ( selling to ) a particular segment.
A segment is just a group of users. Here are a couple of our favorite MVNOs and the segments they are designed to address.