Sprint tests out plan with unlimited minutes

As expected, Sprint has rolled out a new plan with unlimited wireless minutes in an effort to win back some of the market share it lost in recent years due to bad signals and poor customer service.

The "Unlimited Access Pack" is offering all of the following services on an unlimited basis: voice calling, nationwide texting, web surfing, email, picture mail. The cost is $119.99 per month, and is available on all sprint phones.

The catch? The plan is currently limited to San Francisco, Upper Central California, Philadelphia, Minneapolis, and Tampa. And of course, you will still be gouged for all the taxes and fees in addition to the $120 per month.

This sounds like a pretty good deal to me, and I'll be interested to see if users agree with me. For a company that specializes in alienating its customers, this sounds almost too good to be true. Apparently, starting tomorrow, Verizon will also start offering an unlimited minutes plan for $99.99. Let the price wars begin... and let consumers start taking advantage of them! It's about time we get to be in the driver's seat in the wireless market.

Tracy L. Coenen, CPA, MBA, CFE performs fraud examinations and financial investigations for her company Sequence Inc. Forensic Accounting, and is the author of Essentials of Corporate Fraud.