Seconding the readers’ recommendation in the March ’06 issue, page 14, I too have had great service with www.mobal.com. The cell phone is cheap, the per-minute rates are reasonable, and there is no monthly charge; only what you use shows up on your credit card.
There are two packages: one for 140 countries (not including the USA, on a different frequency) and one for 160 countries (with USA).
Your unique phone number is assigned via a SIM chip, and it stays with you forever....
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