October is turning into an ugly month for everyone as the economic crisis continues to play out across the world stage. In response, one operator already has slashed its mobile broadband price in anticipation of lower consumer confidence.
Specifically, Vodafone Australia reduced the price of its 1 GB mobile broadband plan by $10/month to $19.95 for customers who sign a 2-year contract, according to Reuters.
Also, the operator removed the requirement for new customers to be voice customers to qualify for the 5 GB plan which now costs $39.95/month on a 2-year contract versus the previous $49.95/month. In addition, the operator plans to waive the equipment charges for new 5 GB plan customers.
It is unclear if this move will spark reductions at other Vodafone properties or spread to Asian or U.S. operators.
It has been a tough week for handset makers, equipment providers and service providers, which were all impacted on Monday following the $700 billion bailout news.