03/24/2009 05:12 am ET | Updated May 25, 2011

More Customers Giving Up Cellphone Contracts, Choosing Pay-As-You-Go Plans

Maybe Tony Soprano was onto something. As the lead mobster in the HBO series "The Sopranos," he and his crew often turned to prepaid cellphones, presumably to avoid wiretaps.

But now these pay-as-you-go phones are winning over fans for different reasons -- recession-battered consumers are buying them as a way to cut costs and avoid the lengthy contracts and occasional billing surprises that come with traditional cellphone plans

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