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You could save over $300 a year by switching your cell phone plan

TAMPA, Fla. (WFLA) – You see ads for cell phone companies all of the time, but when was the last time you seriously considered switching?

8 On Your Side is learning how switching to a different carrier could save you big money. Upwards of $300 per year.

Small carriers, known as MVNOs or mobile virtual network operators, will lease “excess wireless capacity” from the big four carriers. This means they use some of the same towers, but are not responsible for the upkeep. It also means cheaper plans for you and not paying for services you don’t need, like extra data and HD streaming.

Here’s a consumer reports analysis of what you could save:

Before you switch, keep in mind if a big carrier has network congestion, it slows down the data speed of the smaller guys on its network first.

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