The premium is down to $30-40. HK is just not a 'contract' GSM city.
They have number portability too, so you can switch providers anytime without losing your number.
Most people dont know this about HK: Most people buy phones, keep them for 4-5 months, SELL them on the streets and then upgrade. There are vendors everywhere that will take your old phone and trade it for 60-70% of its value. Those old phones end up in China for resale 'as new'.
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i guess the advantage is that now they can get it at a subsidized price, rather than paying the premium involved in buying an unlocked version.
The premium is down to $30-40. HK is just not a 'contract' GSM city.
They have number portability too, so you can switch providers anytime without losing your number.
Most people dont know this about HK: Most people buy phones, keep them for 4-5 months, SELL them on the streets and then upgrade. There are vendors everywhere that will take your old phone and trade it for 60-70% of its value. Those old phones end up in China for resale 'as new'.
Its a huge city for phone churn..