Verizon Wireless to Eliminate One-Year Contracts
everyone of them is getting rid of the one year contracts
I worked for T-Mobile, and now work for Sprint. I have an iPhone with AT&T and I just saw this for Verizon so its true that all of them are getting rid of the one year contracts.
Apparently they weren't cost effective?
Apparently they weren't cost effective?
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If that means they make more money on two year contracts than one year contracts? Yes. It is not that they were losing money on one year contracts, it is just that every time a customer signed up on a one year contract they bemoaned the revenue they COULD have made if it were a two year. It was a real pain in the *Bleep* in the store when a customer wanted a one year contract. In the back of your mind you knew there would be hell to pay if you were the rep who caved on it. There was a standing policy in my store that no customer was to be signed up on a one year contract unless a manager had a chance to talk them into a two year. Pretty pathetic, but who wanted to receive that phone call from the regional VP about it? Right. No one. ...
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