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Just a quick calculation... Thanks to game...
Nokia 1110 R229 + mandatory R199 starter pack or R428 for the phone
Same phone on a weekender with no itemised or anything else includes a R3000 game voucher.
So in Total you get...
R3000 + R428 (cost of phone out of contract) = R3428
Total cost of the weekender package...
R135/m * 24 = R3240.
Now for the kickker, at 12.5% interest on a 2 year loan of R3000 (the game vouchers) you pay R406.13.
The lesson, If you're buying from game, I't cheaper to take out a new contract than to use you're credit card if you intend to settle over 2 years!
And you get a phone and a whole lotta off-peak minutes to boot.
D
Well, if ur figures are correct, then even if credit card interest is not a factor, then getting the weekender contract from Game is hectically worthwhile!
Damn, I shoulda looked at that when my dad was on his domestic spending spree a while back!![]()
We are cautioned to check that unused monthly bundled minutes can "roll over" to the next month.
However, and without having read Goldstuck's book, I also want to point out further proof that the networks really ARE using the bundled (so-called "free" minute) packages to really steal from their customers. Think about it: you don't get the bundled minutes for free in any way shape or form - you pre-pay for those minutes (which implies a cashflow bonus to the network already) - i.e. those are minutes you have actually PAID FOR - so how in good faith could they ever be made to expire?!
About 4 years ago Vodacom (dunno what MTN does but it's probably the case that they colluded on this little swindle) very quietly changed their rules on how bundled minutes rolled over.
For many years they tracked your unused bundle minutes in one big bundle, and allowed the bundle to inflate to a maximum 6 times the monthly bundle. E.g. if you were on a Talk1000, you could allow your unused minutes to accumulate up to 6000 minutes. For argument's sake, if you say went overseas for 6 months i.e. didn't use any minutes, then returned and started using exactly your bundled 1000 minutes coming online every month, then your accumulated 6000 minutes would stick around until you started exceeding your 1000 bundled minutes per month and started dipping into the bundle.
The change they made was this: they started tracking your bundle minutes in separate, named monthly bins with a moving 6 month window. Plus, you now had to use up your CURRENT minutes first before you could start using your bundled minutes AND you had to use up the old accumulated minutes in REVERSE time order - e.g. let's say you had 100 minutes left over in each of your last six months (July to December 2006), then you'd have to use up all of Jan 2007's minutes, then Dec 06 minutes, then Nov 06, etc etc. If you didn't manage to work your way back to July 2006's minutes, then you would lose ALL your July 2006 minutes at the end of this month.
So of course they in effect made it MUCH harder to catch up on accumulated minutes, and MUCH MORE likely that their victims would lose minutes that they have ALREADY PAID FOR IN FULL.
There's just no nicer way to put it: theft, plain and simple.
Date: 14-Mar-2007 08:41
Subject: Bucket Minutes.doc
Good day Ryan,
I do apologise for the attachment not displaying in the email I have
sent yesterday.
The change from the old system to the new one was made in order to
accommodate amongst others, subscribers wishing to migrate downward and
still be able to carry over their unused minutes as well. The way the
minutes were used previously was changed from the old "carry over
approach" to a new "multi bundle approach". The bundled minutes will be
maintained per month instead of just one total bundle.
The new multi bundle logic change was introduced on 01 November 2003 and
the downward migration change became effective as of 01 December 2003.
The new "Multi Bundle" method will apply to any subscribers when a
change is made to the contract package i.e. Migration or Upgrade.
1) The previous "Carry Over" method
The previous carry over logic for telephony bundled minutes stated that
a subscriber may have accumulated up to five times his monthly bundled
minutes of the current offer plus his current month's allowable minutes.
Any minutes in excess of the maximum minutes allowed in total was
forfeited at the start of the new month.
Example: A subscriber on a Talk 500 S Offer may only have accumulated
2500 minutes (5 X 500 minutes of a Talk 500 S Offer). Therefore the
maximum amount of minutes that a Talk 500 S subscriber could have in
total at any time was 3000 minutes, which was made up as follows:
The maximum accumulated minutes allowed of 2500 minutes plus the current
month's 500 minutes
When a subscriber who was on the carry over method used their bundled
minutes the call usage was deducted from the total pool of minutes that
the subscriber had available in the bundle.
2) The new "Multi Bundle" method
The new Multi bundle method for telephony bundled minutes states that a
subscriber will be able to accumulate five months unused bundles plus
his current month's allowable minutes. The unused minutes for each
month will be maintained in separate monthly bundles. Any unused
minutes that the subscriber has accumulated in the sixth month will be
forfeited.
The subscriber will first use the current months "bucket" of bundle
minutes. Once all the minutes in the current month's "bucket" has been
used up, the accumulated monthly minutes of the "bucket" 5 months prior
to the current month (month -5) will be used. Should the bundled
minutes of month-5 "bucket" be used up, then the accumulated minutes of
the "bucket" 4 months prior to the current month (month-4) will be used.
Thereafter the minutes of the 3rd, 2nd and 1st months "bucket" ( i.e.
months -3, -2 and -1) will be used. In summary the bundle minutes of
the current month must first be used up, then the accumulated bundle
minutes of the oldest months bucket will be used up in the following
order 5th, 4th, 3rd, 2nd and 1st months "buckets".
Explanation:
1. The subscriber will first use up the current month's bundled minutes
(Month X in table 1)
2. In the case of the subscriber using more than the current month's
(Month X) bundled minutes, the accumulated minutes of the fifth month
prior to the current (Month -5) will be used. Thereafter the
monthly-accumulated minutes of Month -4, -3, -2 and -1 will be used.
3. On the first day of Month X the total number of unused minutes
accumulated in the sixth month prior to the current month (month -6),
will lapse.
Please note that the new Multi bundling rules only applies to the
telephony, data and fax services and not to the SMS or GPRS bundled
service offerings.
We trust that you find the above in order.
Kind regards
Email Consultant:Hellopeter
Nothing particularly insightful that they've written there, I'm sure most people already know this.
Agreed. But that is what Goldstuck does ( and his World Wide Worx ) - repeat what everyone already knows as if it were stunning news. Twit(s).
Bundled free minutes
Weekend Everyday + Multi Bundle
Month Threshold Used Bundle Remaining Bundle
May 120 min 00 sec 47 min 30 sec 72 min 30s
April 120 min 00 sec 120 min 00 sec 0 min 00s
March 120 min 00 sec 77 min 00 sec 43 min 00s
February 120 min 00 sec 120 min 00 sec 0 min 00s
January 120 min 00 sec 62 min 00 sec 58 min 00s
December 120 min 00 sec 15 min 30 sec 104 min 30s
Total Available 278 minutes 00 seconds
Forfeit Total Bundle Forfeited
The packages offer subscribers a predetermined amount of inclusive minutes that can be used at the beginning of the month or the date of subscription. Subscribers will only be able to use the bundled minutes within 30 days or when the bundled minutes have been depleted.
Any unused minutes will remain in separate monthly “buckets” for up to five consecutive months. These minutes will be used in order from the oldest to the newest “bucket”. Any minutes left in the oldest “bucket” will be forfeited on the 1st day of the 6th month, as illustrated opposite.
Free minutes can be used for national and data calls as well as calls to voicemail and mobile faxes. Calls excluded from the free minutes include data calls to numbers starting with 082 23, 082 24 and 082 28; directory enquiries: 110/1023; international calls and premium rated numbers such as competition lines.
Goldstuck and Ambrose also dispel the advertised myth that the mobile operators want to reward consumers for their loyalty. In almost every case, they say, it's to a consumer's advantage to take out a new contract rather than to renew an existing one.