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In this video tutorial, the presenter explains how to transfer a phone number from one service provider to another without canceling your current plan. The key step is to maintain your existing service; the new company will handle the cancellation. They will contact your current provider to facilitate the transfer while allowing you to keep the same phone number. The presenter also shows various SIM card trays, indicating that different phones may require different-sized SIM cards, with most modern phones using the smallest size. Adapters are provided to accommodate older models that may need larger SIM cards.