It doesn't work for me
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In my neck of the woods, there are the big three telcos that more or less cornered the market, but being in Asia, prices of cellular services are pretty standard among them with minor variations in pricing and services. I just signed a 2-year contract with the biggest among them, got a Galaxy S10+ 128GB for about 210'ish USD, also got 2-year HBO Go thrown in so I'm happy.