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The Phone You're Paying For But Not Getting

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People also forget that the carriers get screwed by fraud/non-bill pays

by WhySoBluePandaBear    Mar 21, 2013, 6:52 AM

They subsidize these phones (iPhones at $450 per shot) and have TONS of issues with people taking the phones and running.

People using stolen information/fraud in general is a major problem for the US carriers. Some people literally don't pay their bills and then just sell the phones when they've been disconnected - and end up actually making a profit.

So while they charge you more monthly due to the subsidizing factor, they also lose a ton from people taking advantage of the system.

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