T-Mobile Announces Installment Plan for Devices
Today T-Mobile announced a new program that allows customers to break up the cost of a new handset over a period of four months. The Equipment Installment Plan let those in good standing pay for purchases in four monthly interest-free installment payments instead of paying the full purchase price up front. There are no additional fees associated with the program, but customers will have to be approved for it. This will let people who may be cash-strapped spread out the cost of a new phone over time rather than pay it all at once.
Sprint Brings Back Two-Year Contracts - With A Catch
Sprint has reversed its position on contracts and starting today began offering them again as an option to customers purchasing new equipment. Sprint customers can pay full price for phones, lease them, break payments up over time, or sign a two-year contract to purchase phones at subsidized prices.
Sprint Last of Major Carriers to Launch Galaxy S7 BOGO
Sprint today followed AT&T, T-Mobile, and Verizon Wireless by rolling out a buy-one, get-one offer for the Samsung Galaxy S7. Customers can lease or purchase the Galaxy S7 at full retail price and receive a second for free.
AT&T Confirms Plans to Ditch Contracts
AT&T says beginning January 8, it will rely on AT&T Next as the primary avenue through which customers will purchase handsets. AT&T has historically sold handsets with two-year contracts attached to the purchase, but in recent years added the AT&T Next installment plan option.
Verizon Now Requires Edge Customers to Pay Off Phone
Verizon Wireless today announced a change to its Edge equipment installment plans. Beginning May 31, Edge customers will need to pay off their device in full before they they can upgrade to a new phone.
Now that's a good thing...
LOL they just announce this now
It's a cool idea but...
Equipment Insallment Program