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Ting, the innovative mobile virtual network owner (MVNO), is celebrating its second birthday with a treat for everyone: lower plan prices. In a blog post on Monday, the company announced that it has slashed its data pricing, which should result in a lower monthly bill for many users – particularly those that were using the most data.
As you can see in the chart above, data prices have been significantly lowered, and XL plan users get additional voice minutes and text messages for their money as well. The XXL plan has been dropped, but rates are still cheaper even if you’re an XL customer using same amount of data as an XXL plan (you can use up to 2GB of data for $29 per month on an XL plan – after that, data costs 1.5 cents per megabyte, or $15 per gigabyte. That means 3GB of data will cost you $44 per month, far less than the previous XXL plan.)
According to Ting, “After two years of fantastic growth, we are now in a position to offer even better prices. We cannot think of a better way to spend our ‘winnings’ than pouring them right back into our customers.” The company reported 36,000 accounts with a combined 56,000 phones through September 2013, and VP of marketing Michael Goldstein said that the company had a good fourth quarter (those numbers will be reported next week). He also said that the company hopes “to keep getting better rates” in the future.
The updated prices are available to new customers starting today, and will take effect for current customers at the start or their next billing cycle. Ting is an MVNO that operates on Sprint’s(s s) network, so you should be able to get service wherever Sprint is available. The company allows you to use your old Sprint phone, or offers a number of new devices for purchase.