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Local Samsung S7 pricing a ‘rip-off’ - Fin24 users

Fin24 users have scrutinised some of the contract prices on offer for those wanting to own a Samsung S7.

Last month at the Mobile World Congress in Spain, Samsung launched its next flagship smartphone - the Galaxy S7 and Galaxy S7 Edge.

The standard S7 Galaxy handset sports a 5.1 inch screen while the larger Edge S7 device has a 5.5 inch screen. Other features of the phones include an Exynos quad-core chipset, a 3 000 mAh battery and an expandable memory up to 200GB.

Both Vodacom and MTN, two of South Africa’s biggest mobile networks by subscriber bases, started selling the phones on March 11.

READ: Here's how much Samsung's S7 costs in SA

The two companies on Friday also revealed their contract pricing for the products, which ranges from Vodacom offering the Galaxy S7 Edge for R699 per month on a 24 month contract to MTN offering cash deal prices of R13 799 for the Samsung Galaxy S7 and R15 399 for Samsung Galaxy S7 Edge.

MTN is also offering 24 month and 36 month contracts.

But Fin24 users have expressed their displeasure at these two companies’ contract price-points.

Fin24 user Eddie wrote:

“Not only is Samsung ripping the people off but all cellphone providers are ripping the people off with their so called deals. Phone prices are being over inflated.”

Fin24 user Georgette also said that she thought the deals are “very expensive!”

Meanwhile, Fin24 user ‘concerned customer’ wrote:

“350 Minutes, 500 SMS messages and 1GB of data should be in a package of R600-00/monthX24. And the 36 months price plan is daylight robbery. I appreciate the option of a 12 months contract as well, because a phone loses status quite fast nowadays. We can't be stuck to a handset for 24 months, while there have been two newer ones since. The network providers reap benefits.”

Fin24 user MB has also questioned the 36 month contract option from MTN.

“36 month commitment for a cellphone? This product was clearly developed in bad faith with a view on maximising profits lost through OTT (over-the-top) services. It proves that these service providers are irresponsibly self-serving instead of considering the actual need of their loyal customers.”

Disclaimer: All letters and comments published in Fin24 have been independently written by members of the Fin24 community. The views are therefore their own and do not necessarily represent those of Fin24.

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