The mobile phone market is a hugely emerging industry that is growing by leaps and bounds every day. It is one of the fastest growing markets and with its growing popularity, the competition among various mobile manufacturing companies to attract consumers is also increasing.

Today, the market is flooded with a variety of lucrative offers from all the leading manufacturers and major network service providers. Although several types of mobile deals are offered, the three most common deals are pay-monthly contract plans, pay-as-you-go mobile phones, and SIM-free phones.

Each deal has its pros and cons. The user can weigh the pluses and minuses of each type of offer and then choose the one that suits him best.

Contract deals are paid monthly phone plans where the user has to sign a contract with the network service provider for a certain period of time. The user has to pay an initial amount to the provider and for the rest of the contract period, he has to pay monthly line rentals and phone call fees. These are post-paid offers and are mostly accompanied by many free gifts and incentives which may include free phones, free laptops, cash back offers, LCD TVs, cameras, and gaming devices. These deals are available on all the latest phones like Sony Vivaz, Samsung Wave, HTC Desire etc. on all major networks like Vodafone, O2, Orange, T mobile, Virgin and Three.

Pay-as-you-go offers have provided great relief for customers who don’t want to be locked into long-term contracts. These are often called tension free deals where you are relaxed and can decide how much you want to put on mobile phone bills each month. Pay as you go mobile phones reduce your mobile expenses as these are prepaid phone plans and spending is completely under your control. There are many lucrative and easy to use pay as you go offers available on all the latest phones like Sony Vivaz pay as you go offers, Nokia X2, Sony Xperia and Sony W995 pay as you go offers.

SIM-free phones are not tied to any network and the phones can be purchased without a SIM card. There is no agreement or contract that binds you. The user is absolutely free in the case of SIM free phones to choose a network and enjoy the freedom.

As mentioned above, all three offerings have their own benefits and shortcomings. It is up to you to decide which one is the best for you that suits your needs.

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