Israelis have set yet another record – this time for most minutes talking on a cell phone. According to investment bank Merrill Lynch, the average Israeli spent 451 minutes per month during 2007 speaking on their devices – more than residents of any other countries in the world.
In addition, the report said, Israelis pay among the lowest fees for cell phone service in the world, although the public perception among Israelis is that they pay too much. In 2007, the average cell phone conversation cost 36 agurot per minute (about 10 cents at current exchange rates), 13.2% less that the cost in 2006. Price levels are expected to remain at current rates in 2008.
The study showed that the average price per minute Israelis pay was less than anywhere else in the world, except for the U.S., where customers generally pay for incoming calls as well as outgoing, driving their bills up. However, the savings on per minute charges is cancelled out by the cost of the phones themselves, which is higher here than in many other places, it said.
In addition, the report said, Israelis pay among the lowest fees for cell phone service in the world, although the public perception among Israelis is that they pay too much. In 2007, the average cell phone conversation cost 36 agurot per minute (about 10 cents at current exchange rates), 13.2% less that the cost in 2006. Price levels are expected to remain at current rates in 2008.
The study showed that the average price per minute Israelis pay was less than anywhere else in the world, except for the U.S., where customers generally pay for incoming calls as well as outgoing, driving their bills up. However, the savings on per minute charges is cancelled out by the cost of the phones themselves, which is higher here than in many other places, it said.