MyCellMyTerms Paves the Way for the Best Cell Phone Deals
December 13, 2009 by deblewis
Filed under Uncategorized
Did you know that Canadians pay on average $500 US a year for their cell phone service?
Canada has the third highest wireless rates in the developed world, behind USA and Spain. Thanks to the limited choice of wireless providers, Canadians are limited to the 3 major service providers: Bell, Fido, and Telus (which control the majority of the 25 other brands).
However, this is all about to change. 4 innovative individuals who founded MyCellMyTerms recently pitched their business model on CBC’s show, “Dragon’s Den.” They are giving a voice to consumers and helping users find the solution to their biggest question: “Where can we get the best cell phone deals?” Having worked on this for 2 years, MCMT allows users to go on their website and specify their dream plan and the price they’re willing to pay for it. MCMT then drives competition to the dealer by anonymously shopping the plan to national dealer networks, which empowers a voice for the consumers.
The founders of MCMT went on the show Dragons Den and were ultimately offered 35% of the company for $400,000. Ms. Dickinson approved of the concept and the entrepreneurs. Many believe that this small start-up company will revolutionize the way that rate plans are bought in this country. Now, rather than have consumers go to the carriers, the carriers will be going to the consumers to satisfy their needs.
About MCMT: myCELLmyTERMS matches cell phone users with their ideal cell phone plans. You tell us your wish list for cell phone services, and we shop it around to our exclusive dealer network, rank their bids based on what you asked for and you choose what’s best for you. Essentially a one-stop shop for your cell phone needs.
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