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Cricket to Sell Apple iPhone 4/4S Starting June 22

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This CAN'T be a good thing....


May 31, 2012, 7:49 AM
What is there stopping this carrier and others like them from "flashing" another carrier's equipment now?

Mr/Mrs Customer signs up with a major carrier, buys an iphone at the SUBSIDIZED promo pricing with contract. Then simply stops paying the bill and takes the equipment that was paid for $199 cash and $450 with a now broken contract. How many people actually get the fact that the carriers pay full price for the phone and in the case where the contracts are not fufilled it is a huge loss.

One of the few recourses that the carrier has to protect its investment was to lock that ESN to the deadbeat account. Not to mention this could possibly fuel an already existing market for stolen iphones.

Apple is the honey badger in this who...

May 31, 2012, 8:26 AM
Cricket already flashes competitors devices to use on it's network.

May 31, 2012, 12:39 PM
Sprint bought 20 billion dollars worth of iphones for a $1 discount off each phone. How is cricket only selling them for $400?

May 31, 2012, 1:03 PM
Um..... magic? 😲

May 31, 2012, 1:47 PM
Sounds like black magic!

May 31, 2012, 2:05 PM
They are subsidising them, though not at the same rate that ATT/VX/Sp do. Wall Street Journal:

"J.P. Morgan analyst Philip Cusick estimates Leap will subsidize each iPhone by about $100 to $125, which is above its typical $50 to $100 smartphone subsidy."

Leap struck a deal with Apple, a contract that requires Leap to spend $300 mil per year for 3 years.

Essentially, Leap has to buy 500,000 iPhones in the next 3 years under this contract.

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