STUDY: Americans Pay toooo much for their LTE Plans!!!!

American smartphone owners are taking a bath on LTE and 3G pricing compared to European mobile consumers, a new study indicates. Verizon Wireless subscribers pay $7.50 per gigabyte on that carrier’s LTE network versus an average of $2.50 in Europe, for example. Even more shocking: Sweden’s LTE users pay as low as 63 cents.

According to the London-based GSM Association, despite the U.S. being the largest LTE market in the world, Americans pay much more for the superfast wireless technology than anyone else. The reason boils down to fewer choices…

Until recently, Verizon Wireless and AT&T were the only mobile providers offering LTE. The technology is widely viewed as the successor to 3G and used in the iPhone 5 and other popular smartphones. By contrast, Europe has 38 LTE operators — even tiny Austria and Finland have more LTE options than the U.S., according to the New York Times.

Another reason for the pricing difference: U.S. mobile consumers are often forced to buy LTE as a package of other services. U.S. smartphone owners pay $115 per month for 3G while UK consumers pay $59, according to accounting firm Ernst & Young.

Verizon Wireless counters that if a consumer purchased a data-only plan, the per-gigabyte charge would fall to $5.50. However, as the Times points out, that figure is still double the European average.

The Times suggests that the high price of LTE and 3G in the U.S. slows adoption of smartphone services. Do you agree?

About the Author:

I am interested in all the different technologies in this world. I love all the new Apple technology out there. In my free time, I write about all the new tech news out there and I love to play tennis, soccer and swim! I own a Macbook Air, 2 iPhone 4′s, iPad 2, and a lovely iPhone 5! And have you heard about the new iPad Mini, I am also getting that too! I am also a photographer! I love taking photos about nature and a lot more!! I always keep my two iPhone’s handy with me and my laptop no matter what! I haven’t really showed my pictures to anyone but when I do, everyone will be amazed!! 🙂

Sachit Sharma – who has written posts on Zamkato.


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