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Sprint Confirms No More Contracts Starting Today

Jan 8, 2016, 9:10 AM by Eric M. Zeman

Sprint said beginning January 8 new customers will not be able to buy handsets at subsidized prices by signing a contract. The company is following the industry trend of moving toward installment-based options for financing handset costs. Sprint first announced plans to drop contracts in August. Today's news marks its follow-through on that promise. "The majority of our customers choose Sprint Lease or Sprint Easy Pay to obtain their new handset. These two options give customers the best value on their monthly rate plan," said Sprint to Phonescoop via email. Sprint will lease handsets, such as the Galaxy S6 and iPhone 6s, to customers at low monthly rates. Customers may still choose to purchase devices in full when upgrading to new hardware.

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source: Sprint

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Comments

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Zpike

Jan 12, 2016, 5:37 PM

This is a bad move

from the entire wireless industry. Customers lose in the long run.

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