I might be wrong in saying this but from what I can see - Mobile Phone Carriers have the "Prepaid" option for the typical "Low Income & Bad Credit" Crowd. Although some of those uses can be "younger folks" the majority of the cases is that a person going for a "Pre Paid" service has horrible credit and cant control thier finances. They would need a HUGE deposit after a credit check and run a very high risk of running up a $600.00 phone bill and not being able to pay it back.
I would hate to see Apple iPhone be branded as a "Pre Paid 7-11 Track Phone" for the Low Income/Bad Credit Folks.
I dont see the Motorolla "Q" smart phone or the "Blackjack" smart phone branded as "Pay-as-you-go Food Stamp Plans".
Im my opinion at&t needs to cut the Bull S*&% and just offer a unlimited Cell/Data plan for like $99.99 and call it a day. No minutes to worry about - everything unlimted - Hell, I would pay $149.99 for that service.
Please dont let every Tom, Dick and Harry off the street with a FICO score of 350 get an iPhone with a "Pay-as-you-go Food Stamp Plan"
Next we will have special rates for anyone on Welfare to buy a New BMW.