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What is prepaid wireless telecommunications service?

 
 
Answer #818 -- ( Published 01/09/2012 09:45 AM | Updated 08/08/2012 10:01 AM )

What is prepaid wireless telecommunications service?

Prepaid wireless telecommunications service is service that must be paid for in advance and is sold in predetermined units or dollars.  As the predetermined units are used, the amount remaining available for use declines in a known amount.  Examples include prepaid calling cards and minutes added to "pay-as-you-go" phones. 

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