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No, you will not own the device at the end of your leasing term. However, you do have the option to buy your phone at the end of the term by paying the balance off. Cell phone leasing plans are payment plans where a carrier charges you each month to "rent" their phone.

Leasing a phone is similar in concept to monthly installments, as you pay a specified amount per month?the main difference between the two is that you won't keep the phone at the end of a lease, whereas the phone is yours when paid for through monthly installments.

The signal can be unreliable in certain areas, and the connection can be slow or even drop out completely. Additionally, satellite phones are not as powerful as traditional cell phones, so they may not be able to access certain features or services. Third, satellite phones are not as secure as traditional cell phones.

Some benefits to buying a cell phone outright is that it's a single transaction, and the phone is yours. While it's not guaranteed to save you money, it does promote smart spending behaviour, lowers your monthly cell phone bills, and you don't have to commit to a contract for a set number of years.

If you plan to upgrade to the newest model every year or so, leasing may be right for you. You'll have lower monthly payments than you would for buying a phone, and you can get an upgrade later with similar terms.

Leasing a smartphone offers the benefit of being able to upgrade to the latest models regularly without incurring contract fees. Keeping a smartphone at the end of a lease term may require paying a buyout fee to purchase it.

Satellite phones can be tracked?that's part of their purpose, since they help people find lost or injured people in remote locations. But depending on the device and your satellite phone service plan, you might be able to choose a satellite phone that can go into ?stealth mode.?