MacNN | AT&T, Verizon to provide customers with early upgrade options
Mac News Network View: Standard | Headlines | Categorized | Slim
Mac News Network
Mac News iPod News Reviews Forums
 

Desktop Headlines
AT&T, Verizon to provide customers with early upgrade options
Tuesday, July 16, 2013 @ 5:29am

The new T-Mobile Jump plan to allow for phone upgrades twice a year appears to have forced the hand of AT&T and Verizon into offering their own variants of the scheme, departing from the typical 24-month lifecycle. AT&T announced a new plan to provide new smartphones and tablets on a yearly basis, something it teased about last week, while Verizon is said to be working on its own plan.



AT&T Next, starting from July 26th, will let customers opt to get a mobile device without paying an initial downpayment, and instead paying an extra monthly charge. After 12 months, the customer can choose to trade in the phone or tablet for a new device under the same system, waiving both activation and upgrade fees at the same time. If a customer holds onto their phone for 20 months or pays the entire cost of the phone in full, they can keep the handset. While this sounds like a good deal, it is probably only an attractive option for those really wanting to update their device every year or so. One example given by AT&T is the Samsung Galaxy S 4 at a cost of $32 per month on top of the monthly service plan. At the earliest possible time to upgrade, the customer will have paid out $384 on the device, far higher than the current $200 up-front cost for the subsidized device on a normal two-year contract. After 20 months, the longest period of payment, the customer will have paid out $640, the equivalent unsubsidized cost of the phone itself and a premium of $440 over the standard commitment payments. Verizon's own rumored plan appears to be a mix of both T-Mobile and AT&T's plans. An image received by Droid-Life for VZ Edge shows it would allow customers to pay a monthly fee rather than paying an upfront cost, and will be given the option up upgrade anytime after half of the device cost has been paid off. It is said that the fee would be based on the full price of the device spread across a 12-month period, which would in theory allow upgrades from six months in. The supporting documentation suggests that Verizon will launch VZ Edge on August 25th.



Comments on this Article
Print Friendly Version
Email to a Friend
Add MacNN to Your RSS Feeds
Buy from the Apple Store


Related Stories:

Today's MacNN Stories:
  • Forums: Yosemite pros and cons - 2:24 PM EST
  • Apple deals: Up to $710 off refurbished rMBPs - 2:21 PM EST
  • DealNN: Mac mini for $490 - 2:19 PM EST
  • Sapphire production insufficient for iPhone 6 displays, analysts say - 1:43 PM EST
  • Trouble at TPK may hint at iWatch production issues - 12:35 PM EST
  • MOTU ships trio of Thunderbolt audio interfaces, AVB Ethernet switch - 12:04 PM EST
  • CNBC, Fox Now added to US Apple TV lineup - 11:23 AM EST
  • Briefly: Total War: Shogun 2, SilhouetteFX 5.2 - 10:35 AM EST
  • Refurbished Retina MacBook Pros drop below $1,000 mark - 10:27 AM EST
  • AppleCare+ plans for iPhone, iPad come to Mexico and Sweden - 9:11 AM EST
  • Drobo Mini ships with included SSD storage for portable storage - 9:01 AM EST
  • Apple updates MacBook pro line with faster processors, more RAM - 8:30 AM EST
  • Canon unveils PowerShot SX520 HS, SX400 IS bridge cameras - 5:57 AM EST
  • Briefly: Yelp adds video, Facebook forces Messenger for iOS - 2:07 AM EST
  • Apple Stores gearing up to allow early-upgrade carrier program buying? - 12:43 AM EST

    Today's iPodNN Stories:
  • Microsoft reportedly plans two more imminent Lumia launches - 2:18 PM EST
  • Electronic Arts deploying EA Access Xbox One game subscription program - 1:21 PM EST
  • Chen's BlackBerry acquires German security firm Secusmart - 12:48 PM EST
  • LG commences pre-orders for 105-inch curved Ultra HD television - 12:02 PM EST
  • UK police at all traffic accidents seizing cellphones, seeking fault - 11:59 AM EST
  • No comments posted on this story yet. Please post yours.
    Your Comments
    In order to post comments, you must be a registered member of the MacNN Forums and logged in. Please login with your MacNN Forums username and password.

    MacNN Forums Login:

    MacNN Forums Password:

    Not a member of the MacNN forums? Register now for free.