SIMBA Telecom discussion thread

BBCWatcher

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I think $500 is a more practical limit....
Well, there's another reason: to maintain healthy market competition. Obviously the mobile carriers have incentives to "lock in" their customers as best they can. Including their deceased customers.😐 But there's a public policy interest in avoiding excessive lock in. The public interest is best served when mobile carriers genuinely risk losing their customers in nontrivial numbers when other carriers offer better deals (better service quality, better pricing, bigger allotments, or some combination).

S$500 is far too high for both objectives (death and competition), in my view. Peg the wallet cap to some reasonable maximum number of base plan months, and you probably have a good number.
 

JAYSCS

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Well, there's another reason: to maintain healthy market competition. Obviously the mobile carriers have incentives to "lock in" their customers as best they can. Including their deceased customers.😐 But there's a public policy interest in avoiding excessive lock in. The public interest is best served when mobile carriers genuinely risk losing their customers in nontrivial numbers when other carriers offer better deals (better service quality, better pricing, bigger allotments, or some combination).

S$500 is far too high for both objectives (death and competition), in my view. Peg the wallet cap to some reasonable maximum number of base plan months, and you probably have a good number.
Do bear in mind that $500 wallet balance is not actual cash value given the fact that wallet balance is usually pumped up due to 1-for-1 event. And as mentioned, the users are well aware that the value is not transferrable and they are prepared to forfeit in the event of death or giving up the no. or port out. $250 to lock in $4-5 low monthly plan is quite reasonable, when some price plan is charging at $100 monthly, $250 is not even able to cover 3 months for such plan.

What is the right balance is subjective but I supposed the market says it all.

Comparing telcos that offer low cost plan but once in a while flipping prata and pattern badminton, I would rather get locked in to telco plan that will not happy happy add on extra monthly fee or provide certain benefits to specific group subscribing to the same plan.
 
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Krabs.

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i think the difference is .... there is nothing stopping the telco from increase price per plan

u can have 100 200 in wallet .... but no guarantee the plan stays at $5 in 2027 2028
i don't think u can say "lock-in $5 for next couple years"
 

JAYSCS

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i think the difference is .... there is nothing stopping the telco from increase price per plan

u can have 100 200 in wallet .... but no guarantee the plan stays at $5 in 2027 2028
i don't think u can say "lock-in $5 for next couple years"
To each his own whether to commit long term to a telco with existing low price plan. Indeed if there is consolidation, we will never know how it will change the mobile industry environment. But IMDA will make sure there is no drastic adjustment in the price plan in the near term, that was why Simba said if it buy over M1, $10-$12 ($5-$6 considered 1-for-1 offer) plan will remain for the 1st 2 year.
 

twosix

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Of course it’s ur money. Make or break is ur issue. Others are just advising to be prudent.

Many scams nowadays, not saying SIMBA is a scam, but someone may use it to scam. Even a public listed company can go bust all of a sudden. Just be prudent.
 
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JAYSCS

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Of course it’s ur money. Make or break is ur issue. Others are just advising to be prudent.

Many scams nowadays, not saying SIMBA is a scam, but someone may use it to scam. Even a public listed company can go bust all of a sudden. Just be prudent.
Indeed, to each his own.
 

neptunesea

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i think the difference is .... there is nothing stopping the telco from increase price per plan

u can have 100 200 in wallet .... but no guarantee the plan stays at $5 in 2027 2028
i don't think u can say "lock-in $5 for next couple years"
No guarantee that you can continue to use credits to make full payment for the monthly subscription.

Telco can come out next month and say credits can only be used to pay for half of your subscription.
 

JAYSCS

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No guarantee that you can continue to use credits to make full payment for the monthly subscription.

Telco can come out next month and say credits can only be used to pay for half of your subscription.
To each his own, we decide ourselves to be or not to be. 😉
 

BBCWatcher

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So their competitor right has launched 8 months rollover data.

Simba made a good decision to allow rollover data even for roaming data too
I think SIMBA’s rollover data policies will work better for most people. Rollover data is most valuable for the small allotments that are only occasionally tapped — tapped a couple or few times a year, for example. And for most people those are the global data allotments.
 
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