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Comparison Between Rogers Wireless And Virgin Mobile

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Dear Mr. Adam, We have attached our analysis of the cell phone plan and device offerings from both Rogers Wireless and Virgin Mobile. The three devices that we feel would best meet the job demands of our new employee while simultaneously being of lowest cost to the company are the iPhone SE, Samsung Galaxy S6, and LG G5. Both Rogers Wireless and Virgin Mobile offer several plans that meet our company’s requirement of unlimited Canada-wide talk and text, 1 GB of data, enhanced voicemail, and call display. In the attached document, you will find a comparison of the different plan, device, and pricing options from both providers. Please let us know if you have any further questions. Thank you, Financial Advising Team EXECUTIVE SUMMARY …show more content…

If a no term plan is chosen, we must pay full price for the device ("Rogers: Wireless, TV, Internet, Home Phone & Home Monitoring", 2017). In addition to the monthly costs, a one-time SIM card fee of $9.99 + tax ("Wireless Accessories | Sim Cards", 2017) or a one-time small business plan connection fee of $20.00 + tax is required ("Share Everything | Rogers Small Business", 2017). Please see appendix A to see a full comparison of the device, plan, and pricing options offered by Rogers Wireless. VIRGIN MOBILE Virgin Mobile has two plan options that suit our needs: 1. Platinum light (2-year contract) - $80 + tax/month ("Plans", 2017) 2. BYOP Plan (no contract) - $55 + tax/month + initial cost of device ("Plans", 2017) These two plans share the following features: • Unlimited Canada-wide …show more content…

If the no contract plan is chosen, we must pay full price for the device ("Phones And Devices", 2017). Unfortunately, unlike the Rogers plans, enhanced voicemail is not included and will be an added cost of $10 + tax/month for the Bundle 10 add-on. With this add-on, we will get: mobile TV, voicemail 25, visual voicemail, and voicemail to text ("Add-On Features", 2017). In addition to the monthly costs of the plan and add-on, we will need to pay a one-time SIM card fee of $4.99 + tax ("Phones And Devices", 2017). Please see appendix B for a full comparison of device, plan, and pricing options offered by Virgin Mobile. Please see appendix C for a side-by-side comparison of plan offerings from both Rogers Wireless and Virgin Mobile. COMPARISON OF OFFERINGS In order to compare the various plan and device pricing offerings provided by the two providers, we calculated the present value of each plan to put them on a level playing field for comparison. We used the present value of a t-period annuity formula to make these

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