Beginning June 1, Verizon is changing their upgrade program, Edge, so that the number of monthly payments for a device changes from 24 months to 20 months. Verizon is also changing the percentage of a device's costs that a customer will need to pay off before they can upgrade from 50% to 60%.
AT&T offers Next plans to subscribers after 6 months
We wanted a way out of our two-year contracts early, without paying an early termination fee. Each carrier has done that for us, although the ETF is really just parsed out differently. Be it making sure your device is half paid for like Verizon asks, or a monthly fee for the option to leave, you’re still paying for that ETF in some way.
Fewer customers see the need to upgrade their smartphones, trouble ahead for Samsung and Apple
There is trouble ahead for the big handset manufacturers like Samsung and Apple as fewer people are trading in their old smartphones for new ones.
Can you whip up any excitement about Apple tweaking the iPhone 5 and calling it the iPhone 5S or Samsung releasing yet another Galaxy S4 variant?
This is another instance in a long line of carriers’ acting as though mobile devices are theirs to dole out at their whim, on their terms. Rather than offering something fair, they're preying on our impatience as consumers.
AT&T Next plan will let customers upgrade smartphones or tablets once a year