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. Customers have always been able to pay full price for handsets up front. AT&T Next plans allow people to break up the device payment over 18 to 30 months to defray the cost. "With $0 down for well-qualified customers, the ability to upgrade early and down payment options available with even lower monthly installments, our customers are overwhelmingly choosing AT&T Next," said AT&T in an email to Phonescoop. "Starting January 8, AT&T Next will be the primary way to get a new smartphone at AT&T. This does not apply to business customers under a qualified wireless service agreement." Contracts will no longer be available from AT&T. Customers can buy smartphones via AT&T Next or pay full price. Verizon and T-Mobile have already done away with contracts. The news was first reported by Engadget.
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This is a plan to screw over customers
You and I rarely agree. But we certainly agree this time. I've hated the cellular market ever since it started moving aw...
John Legere will get a thrill out of this