16
Jul
bad-deal

Late last night, AT&T began promoting its new "Next" smartphone upgrade plan in earnest. And earlier yesterday, a leaked training document revealed Verizon's "Edge" upgrade plan. Both are very obvious four-letter copies of T-Mobile's new Jump plan. Let me give you the breakdown on these Jump competitors as quickly as I can.

AT&T will allow you to finance (0% interest, no down payment, no finance charges) a phone for 20 months, pay it off monthly, and after 12 months of payments, will let you trade it in and start financing a new phone, and remaining payments on the old phone will be forgiven. No contract, no phone insurance, and you have the same plan options available to you as any other new customer, at the same prices. It is unclear if there is any kind of deductible that must be paid if the phone you return is not deemed in satisfactory condition.

Verizon's new Edge plan still has some question marks, as it was revealed in a leak, but we can fill in a lot of the blanks pretty confidently. You'll finance a phone under the existing Device Payment Plan - very likely meaning it must be paid off in full within 12 months, with monthly payments. It's possible the period may grow to greater than 12 months, however. There is no down payment, but there will be a monthly finance charge of around $2. Verizon will let you start financing a new phone after you have paid 50% of the balance on your existing phone. Insurance is not mentioned (so it's pretty unlikely it's included), and it does not sound at this point as though there will be a trade-in scheme that allows you to offset the remaining payments on your old phone. It is possible trade-ins will come into play, but at this point, Edge is sounding a lot like a hyped-up tweak to the existing device payment plans (allowing you to take on a second phone earlier). There's no contract, but you're subject to the same pricing and plans as every other new customer (grandfathering may be allowed for existing customers).

In summary, Verizon and AT&T want you to continue paying the same $90+ a month for an individual plan (at least) as every subsidized customer, and then they want to tack on $25-50 a month on top of that for the new phone upgrade options. Meanwhile, on-contract customers may only be getting new handsets every 2 years, but they're also not paying for the full cost of that phone on top of their service bill.

The really frustrating part? These new payment plans can actually be more expensive than buying on contract in the case where you'd think they'd make the most sense: when you want flexibility to switch carriers on a whim. Allow me to explain.

The AT&T Galaxy S4 16GB costs $200 with a new 2-year agreement. Let's say I buy one and decide 6 months later that I want to leave AT&T. At this point, my early termination fee will be, with 6 months of service paid for in full, $265. That means I'm paying $465 for the privilege of buying a handset on contract at AT&T, and then deciding I want to bounce. If I want to recoup some of that cost, I can then sell that handset, probably for $350-450, depending on condition. I'd end up in the hole (on hardware / ETF costs) anywhere from $15 to $115. Not actually that bad. (Alternatively, I could even just keep the phone and have AT&T unlock it before cancelling service, if I wanted to move to a cheap prepaid GSM provider, for example.)

But if I did the same thing on AT&T Next, I'd be down way more. 6 months into my Next plan on a Galaxy S4, I would have made $192 worth of handset payments (hey, that's like, $200), and would have another $448 due on the phone ($640 off contract price). If AT&T's policy is anything like T-Mobile's, cancelling your line means the remainder of your hardware payment balance comes due immediately (this makes sense, as AT&T is no longer doing business with you). Even selling the phone would still leave me down about a couple hundred bucks compared to the on-contract scenario.

Verizon's ETF is a bit higher at $290 ($350 minus $10 per month of service completed), but with the finance charge on device payment plans it basically ends up being the same raw deal as AT&T.

And if you decide to jump ship after a year? Well, on Verizon your handset would be paid off free and clear. But the math still favors the contract customer. A $200 device plus a $230 ETF comes out to $430 in non-service costs over 12 months. On a device payment plan for a GS4, you would have paid $675 over the course of those 12 months in non-service costs. Yes, there isn't the bill shock of an ETF, but there's no denying that you got the bum end of the deal here as far as an accountant's concerned.

In short, Verizon and AT&T's new upgrade plans really only make sense for customers who plan to stick it out with these carriers for the long run. Even then, they're really no better a value than buying your handsets at full price and just selling them when you decide you want to upgrade (doing this is much less restrictive, too). I'm sure some people will find a reason to take advantage of them, and with AT&T basically offering to finance your phone with no interest over 20 months, there's certain to be some incentive there in some cases. But if you're looking for a way to actually save money on your expensive phone habit or your wireless service (or a way to make switching carriers cheap), look elsewhere.

David Ruddock
David's phone is whatever is currently sitting on his desk. He is an avid writer, and enjoys playing devil's advocate in editorials, and reviewing the latest phones and gadgets. He also doesn't usually write such boring sentences.

  • bozs13

    Maybe you mentioned something about this but I've heard different things...Do you have to re-up your two year contract every time you get a new phone? Can it really be? That's nuts.

    • http://www.androidpolice.com/ David Ruddock

      In the US, if you purchase a phone "on contract" (reduced price, eg, iPhone 5 is $200 on contract), that almost always means you're renewing your contract for another 2 years, and have to wait 24 months again to upgrade and renew your contract once again.

      • bozs13

        I get that, but this is different. You're making payments on a phone and theoretically could pay the whole thing off. Aka, no subsidy

        • http://www.androidpolice.com/ David Ruddock

          Yes, there is no subsidy, but there is also no contract. You are paying off the full cost of the device over a period of 20 months (AT&T, T-Mobile), or possible less time in Verizon's case.

          • bozs13

            LOL, roger that...let me try a different way :)

            If I buy a phone with this program, it's not subsidized, right? Aka, they're not paying for the phone, it's just a loan. So when I get a phone with this program, will it re-up my contract or can I do this and still stay on the month to month plan with AT&T that I'm on. What I'm asking is, do you have to recommit to them even though you're not getting a subsidized phone.

          • http://www.androidpolice.com/ David Ruddock

            There is no contract. It is month to month. The commitment you're making is only in regard to repaying the total cost of the phone.

          • Justin Foster

            This is slightly off-topic, but with the JUMP plan on T-Mobile, what happens if u miss payments? On Prepaid you just pay later with no penalty. But with Jump, do your missed months stack up?

          • http://www.androidpolice.com/ David Ruddock

            Good question. I'm guessing there's a late payment fee, and according to T-Mo's site, late payment fees "may apply" in some cases.

          • Justin Foster

            Ah thanks.

            bleh, that's lame. Like contractual non-contract -_-

          • David Thoren

            Let's be clear... the financing part of TMobile IS a contract (as it should be). It's the service that isn't under contract.

          • Justin Foster

            Ahhhh, now I see. So paying for the phone is contractual. That makes sense.Thanks for the clarification. Just makes me wonder what kind of penalt(y, ies) there are for missed/late payments. #ResearchTime

          • Tony Sarju

            Probably shouldn't be getting into such a service if you're concerned with missing payments.

            Prioritize.

          • Justin Foster

            xD #True. No argument there. If the penalties are beyond my capability then I'll forbear.

          • PhoenixPath

            Call 'em. The corporate stores anyway, have always had decently helpful reps when I've had to contact them.

          • jeffrey beck

            As one of those reps I appreciate that.

          • CoolCustomer

            Well based off of my experience the phone payments are tacked onto your monthly bill so every month your bill is service+phone. Which means missing a payment has the same $5-$10 late fee tacked on.

          • Ari

            It seems that all of you withqquestions would be better off contacting t-mobile or Att directly instead of taking advice from strangers who may or may not be correct

          • Former TMoRep

            Late payments on Postpaid accounts incur a late fee, if the account is paid and gets suspended there is a 20 /line restoration fee. If you call and set up an arrangement before you are susoended though you can avoid the restoration fee.

          • Former TMoRep

            isn't paid*

          • jeffrey beck

            20 dollar reactivation fee per line. The you have a few days leniency before they suspend the account for nonpayment though.

    • Cory Wilson

      No contract, just a 20 month payment plan, and if you upgrade after a year, your owe no more payments but you start your 20 months over again, and if you leave before you have it paid off, you owe the remaining balance, which as this article points out, could be quite a bit more vs just getting a subsidized plan and paying an etf

  • GreatNews

    So the best way to go is to stick with Sprint....

    • Fernando José

      Or go T-Mobile all the way

    • http://bertelking.com/ Bertel King, Jr.

      I'm a Ting guy, personally. No contract, low bill, and that same Sprint or Verizon signal wherever I need it. I can't imagine going back to the major carriers.

      • Brian Marks

        I can't find where it says they are piggybacking off verizon's network.

        • http://bertelking.com/ Bertel King, Jr.

          This Ting Help & Support link provides the gist of it: https://help.ting.com/entries/21928032-roaming-question-Verizon-

          tl;dr - Ting uses the Sprint network, but it roams to some of Verizon's towers when Sprint is not available (and all roaming is free).

          Since Ting has reliably roamed in the Verizon-only rural areas where I have needed it to, I've never been left stranded. That said, Ting only pulls from Sprint when it comes to data, not Verizon. Outside of Google Navigation, I rarely use data when I'm out and about, so that isn't an issue for me. Still, I know this isn't the case for a large segment of our readers.

        • http://bertelking.com/ Bertel King, Jr.

          This Ting Help & Support link provides the gist of it: https://help.ting.com/entries/21928032-roaming-question-Verizon-

          tl;dr - Ting uses the Sprint network, but it roams to some of Verizon's towers when Sprint is not available (and all roaming is free).

          Since Ting has reliably roamed in the Verizon-only rural areas where I have needed it to, I've never been left stranded. That said, Ting only pulls from Sprint when it comes to data, not Verizon. So I should have said: "that same Sprint signal with a little extra Verizon sprinkled on top sometimes - kinda, sorta."

      • jeffrey beck

        I've never even heard of Ting. Where do they have service?

        • http://bertelking.com/ Bertel King, Jr.

          They are a MVNO of Sprint, so they match that network's coverage. Here's the map:

          http://ting.com/coverage

    • Ari

      I've never seen a single person online says they get good service from Sprint. All I ever read is how horrible their network is & wondered how they could have more customers than T-Mobile. I'm in a Sprint LTE market even though their store couldn't access it and the store employees were not only rude but lied repeatedly

    • Cory Wilson

      My biggest beef with sprint is cdma. With cdma you pretty much have to sign contracts to get a phone, and I don't want to sign one ever again, so Tmobile is the best option for me, especially since my phone is already Tmobile ready, just needs a sim

  • Cory Wilson

    If you aren't getting a lower monthly bill with the monthly installments, then your double paying and thus at&ts new plans are a rip off

    • PhoenixPath

      Bingo.

      ...and kudos to anyone who thought the carriers would make it cheaper or easier to leave them. Those have got to be some mighty strong hallucinogenics you're taking....

      • Cory Wilson

        Yeah it's another way to make more money, they just took away early upgrades, and sold them back to us, and secretly raised etfs too! Can't wait to be done with this terrible company!

    • MagicMiguel

      Big shocker here. With Verizon and ATT it's all smoke and mirrors. Anytime these guys offer "new plans" I wholeheartedly believe they are a result of a "how can we suck more money out of our customers and trick them into thinking we're saving them money" conversation. These giant sloths view companies like T-Mobile and Sprint as thorns in their sides. They'd much rather swallow them all up and then continue to screw us knowing that we'll have no other options available.

      • Cory Wilson

        I'm not surprised, I actually called this when they said the had an announcement. I didn't know what they were going to announce but I told my friends "it's going to be another way to raises your bill and they are going to make it sound like a good thing" lol I called that right!

    • ins0mn1a

      well, technically, you should have gotten your subsidized phone when you renewed your contract, so if you don't want it any longer you can sell it. not a particularly good deal probably, but you can say that whatever you get for that used phone is the subsidy for the new one.

      having said that, i agree that what at&t and verizon are doing is a ripoff. i just wish t-mo would expand their coverage and be a more viable competition.

      • Cory Wilson

        Well the issue is at&ts montly service charges are already marked up to include subsidizing for their phones. In fact you pay these subsidies even if you don't upgrade after 2 years or you buy your own phone. On at&t you basically already get ripped off if you don't upgrade. Now the issue with next is your bills aren't going down to represent the "montly installments", so your making payments on a phone on top of already subsidizing everyone else's phones. Your double paying. I'm a nexus 4 owner now and plan on leaving for at&t at the end of my contract. Still under contract for the last early upgrade I bit on till March of 14. I really am content with at&t on everything too, even the data caps don't bother me as I am on wifi 90% of the time anyway and prefer to be because of battery life, it's simply that their is no way to save money with this company and every change they make is forced the worse. 12 years with them too(Cingular when I signed up in 2002 with a Nokia 5165), but they won't care

        • ins0mn1a

          i understood what you meant. what i am saying is that the way to offset the effects of this stupid system is to get a subsidized phone whenever one is eligible for it, if only to sell it. that way you are getting at least some of that value you are paying for every month.

          i agree with you, service charges and device charges should be independent. the way they are bundled now is gaming the system to keep you tied to one carrier. it sucks, but we know how it works, so we can try to mitigate the effects by actually using the subsidies.

          or, if you are really pissed with the way carriers implement contracts, you can vote with your wallet and go prepaid, mvno, or t-mobile. when enough people do this they will feel the hit and the system will change. personally, i am never signing another mobile contract.

          • Cory Wilson

            Yep, actually what I'm planning. At&t or Verizon won't change until they become #3 and #4 on the US largest carriers list. Really can't wait to go to Tmobile. And I'm with you on contracts, my last phone was actually a pretty nice phone but at&t loaded it up with all kinds of bloatware, and gave it one android update to ics that actually broke more things than it fixed. No reason the htc vivid shouldn't have at least gotten 4.1 jellybean, and they put so many restrictions in the firmware on the phone that developer never were able to get a perfect cm build going. It was the last straw for me so I grabbed a nexus 4 in January. And now that I have a nexus, I really don't wanna pay subsidized rates anymore so tmobile just makes sense. I'm going to keep this thing until it breaks and upgrade by buying whatever nexus phone is out 6 months later and I haven't even rooted yet, I couldn't make it a month on my at&t phones, if for nothing else to get rid of all their at&t bloat

          • Frettfreak

            Your problem was HTC not ATT. HTC makes GREAT phones.. and as long as you dont care about getting updates (HTC ONE S isnt getting anything beyond 4.1 when its still a VERY capable phone AND was the Flagship device on tmo for HTC). Samsung on the other hand has much worse build quality (although i have still never had an issue with it) but they are still updating 2 year old phones! Sorry, i know this isnt an HTC or Samsung article.

          • Cory Wilson

            You are right about the firmware updates, htc is the absolute worst, but the snapdragon s3 chipset in the vivid should still yield tons of aosp and custom roms right? Nope and that was at&ts doing, as they basically locked the Radio to the factory firmware. If you used a custom rom that wasn't stock based, in call mic wouldn't work with an at&t sim. Developers finally got it to work but it's still too quiet and not enough developers still own the thing or care to get it fixed as it turns 2 this year

      • Keg Man

        I agree driving up I95 and I see the Edge network on my t-mobile phone. EDGE, not 3g, not LTE. EDGE! thank god its a work phone, I so want to switch my personal phone over

    • freediverx

      This is a perfect illustration of the difference between a competitive market and an oligopoly.

      In the smartphone business, which is competitive, every year brings new phones that have a wide range of improved features and they generally cost the same as last years model, while still offering last year's models at a discount.

      With non-competitive markets, like cell phone service providers and cable TV companies, you see the opposite. Every year you have the same stagnant, crappy service, but every other year or so they figure out a way to charge you more for less.

  • Justin Foster

    Right now, the best avenue for me is to buy a cheap 4G capable, unlocked device, and use it on TMO for Unlimited everything 70/mo. #ProblemSolved. Just gotta decide which device. Come on Nexus 5!!!

    • Ari

      Or if you're OK with hspa+ and less data, something like Straight Talk for $45 And no xtra fees (no one's been able to tell me if T-Mobile still charges postpaid fees that can add 20 percent to your bill. I pay 1.46 in tax. That's it) . The question is whether a new affordable Nexus with upgraded features and I is even on the horizon. In just keep hearing about Moto x.. No $350 Nexus to compete with a Fall iPhone release

      • Justin Foster

        Well there is a rumor that the upcoming LG Optimus G2 will convert into the Nexus 5 just like LG's other phone converted into the Nexus 4. http://au.ibtimes.com/articles/490211/20130715/3-solid-reasons-lg-optimus-g2-google.htm

        The Moto X looks rather disappointing...Gonna wait for the official reveal.

      • freediverx

        Who is "ok" with less data? Voice and text are pointless since people use them less and there are basically free alternatives that bypass the cell phone companies' voice service. The DATA is the only thing that matters, and that's what they want to provide less of and charge more for.

    • Simon Belmont

      That's exactly where I am. Moved to T-Mobile last month and now I'm rocking a Nexus that I bought on the cheap (great condition).

      Can't wait for the Nexus 5. Woot.

    • Frettfreak

      Nah.... just get whatever looks good now... you can upgrade in 6 months!! (and it actually is a good deal if you upgrade regularly)

      • Justin Foster

        Lol, I totally would not do that. I don't like the contractual part for paying off the phone. I'd rather buy a phone right out and stay on Prepaid.

      • freediverx

        Are you an idiot or a shill? Just curious.

    • freediverx

      Unfortunately TMobile service and coverage sucks.

      • Justin Foster

        Depends on where you live and how far you travel on average. I know people from big V and big Blue that complain on bad reception just like everyone else.

        • ROCKJUSTICE

          I have had Verizon for 9 years and reception is always great, always a signal. I had T-mobile years ago and reception was spotty.

          • freediverx

            Good "reception" does not equal good data service. Verizon has the best voice service but their data speeds and reliability are terrible compared to AT&T.

          • ROCKJUSTICE

            Speedtesr net reports. 18>25 mbps .Consumer reports has them number 1,I never drop calls.

  • challenge_accepted

    Not only because of the math but most of the times you can get the phone for cheaper than $200 by buying through amazon wirefly or talking to the retention department of the carrier ... So these new plans are even worse . at least with T-Mobile you are getting insurance and a lower monthly payment.

    • http://www.androidpolice.com/ David Ruddock

      Most people aren't aware, but Amazon and Wirefly have secondary ETFs, on top of AT&T's. You would regret cancelling service before 6 months.

      • jpfrasier

        Except wirefly doesn't sell AT&T phones. But you are absolutely correct. My wife and I are with AT&T but we almost always buy our phones through Amazon or Costco, keeping in mind we cannot cancel before 6 months.

        • jeffrey beck

          Costco has no secondary ETF. Used to work there. Then again you can't do a no contact tmo plan at Costco.

          • jpfrasier

            Thanks! I wasn't aware of that.

  • andrew__des_moines

    I'm still bothered by the fact that when AT&T changed from 20 to 24 months, my daughter's upgrade date changed from December of this year to May of next year. Fist of all, it should not have changed for someone that far into the contract and second, why five months?

  • http://www.deathbycone.com Jared Kotoff

    I feel stuck. Im grandfathered in on VZW but im getting REALLY sick of my sluggish non-quad core Galaxy Nexus. Data and Speed are nice but I really care more about the device itself. My only real option are to buy my devices at full price

    • PhoenixPath

      Dropped my Nexus like a hot potato when the One came out on T-Mobile. I luckily have had pretty good coverage everywhere I've gone and the phone is phenomenal (esp. when compared to VZW's "Nexus"). I haven't regretted it for a moment.

      Heck, signed up for JUMP yesterday and my bill went *down* $2...can't beat that.

      • http://www.deathbycone.com Jared Kotoff

        ugh dam. Im waiting for the next wave of phones but I have reservations about leaving VZW. But a new phone every 6 months sounds incredible.

        • PhoenixPath

          Don't drop VZW. Grab a T-mob phone and the $50 plan. Use it for two weeks...if the coverage is good for you, jump ship: If not, return the phone to T-Mobile and walk away. Almost every carrier has a 14-day return window.

          • http://www.deathbycone.com Jared Kotoff

            That sounds like a good idea to test the network. My dad said TMo wasnt terrible when he had it but the problem now is that we're all on VZW family plan. To leave Id have to get my own line which would cost more than just tacking on my data to the family's minuets.

          • PhoenixPath

            This is exactly what I did. It'll actually cost us a bit more for a few months, but we'll start moving the rest of the family over in November as contracts expire.

            By April 2014 we'll be paying $220 through T-Mobile for unlimited everything on 4 devices vs. over $300 to VZW for the same.

            ($180 plan, with JUMP! on all 4 lines)

      • Scott

        I wish I lived where there's T-Mobile coverage, life would be so much easier.

        • Geoff Johnson

          Coverage is pretty good around me, but it's all GPRS/EDGE :(

    • BlackBoy88

      it is sluggish due to crappy flash Samsung used.

      • http://www.deathbycone.com Jared Kotoff

        I remember it used to be fast. It might be some of my settings (rom and or kernel) but ultimately i think its because of the evolution of apps. Developers are programming for higher end phones leaving older ones to slow down as apps get more "bloated." Either way, i need off!

  • SpeakWithYouAndMe

    Can you enroll in the program if you're prepaid/Go Phone subscriber?

    • jeffrey beck

      No

  • duse

    The theme here is repeatedly the same: the major carriers, but by far VZW and AT&T the most, are always a bad deal, rip-off, and disrespectful of the customer and their intelligence. Their practices are unethical and insulting, you only need to look at how the mobile industry operates in the entire rest of the world to see that. If you're in the US, prepaid (what limited good options there are) is the only way to achieve something close to sanity.

    • jeffrey beck

      Don't lump Tmobile in with that group. I'm have seen real joy from my customers the last 3 days as I have explained the jump program. There is one carrier in the Us that cares about giving a good customer experience without tricks, contracts or compromises.

  • bsinc1962

    Just another case of preying on the people who can least afford it. Sort of like those "rent to own" establishments.

  • Joey

    Here's an idea: don't buy a new phone if you can't afford it. Either sign a two year agreement or buy the phone contract free and leave whenever you'd like.

  • Armus

    You fail to account for us grandfathered unlimited plans who must buy outright to keep it.

    • Andy_in_Indy

      The article was more about how this works to keep customers with their carriers, which is what you want if you are fighting to keep your grandfathered unlimited plan. This is "good" for you, and "good" for the carrier but bad for people who want to hop around from carrier to carrier.

  • Steve Freeman

    So basically...we can pay full price for a new phone, while still paying the full contract price for our cell service...but we'll still be paying the full monthly price of our contracts, as if we had purchased a subsidized phone. Yeah, sounds like a great deal.

    • btod

      Don't forget you're paying Verizon $2.50 extra a month for this "privilege".

      • Frettfreak

        Yeah... thats 4% interest annually!! on a $600 phone

  • Quietech

    Since you're buying the phone at full price, there's no 2-year contract right? So there shouldn't be an ETF, just the full balance of the phone due... which is about the same thing. I don't think it's a double whammy, though. I could see that being the case if you could do both, though. Get a contract phone and switch to the new program partway through. Fine print, anyone?

    • Ari

      One thing people refer to us that Att and Verizon still will charge your their high subsidized monthly rates. T-Mobile separates the data plan from the phone payments. Here you'll get no subsidy but pay the same as if you did

      • Quietech

        I won't disagree with that. I was really hoping to cut my bill some more.

  • Ari

    If you break a contract and paybthe cancellation fee, don't they unlock your phone? If unread it right, you said you'd end up paying 460 for a 650 device?
    None of these plans are for the consumers. They're for the carriers to make more money

  • TheRobotCow

    To me these payment plans work for me. Upgraded to an iphone 5 and sold it and now im back on my galaxy nexus which isn't that great lol. Im not waiting till 2014 to upgrade again. Especially with the new droid ultra and moto x coming out, it makes getting the phone easier. And NO im not leaving Verizon.

  • Ashish

    As someone who likes to try many phones by buying them used I fear that the new system will end up going the direction T-Mobile. The blacklisting of phones that are sold without settling the carrier financial arrangements.

  • Simon Belmont

    "Meanwhile, on-contract customers may only be getting new handsets every 2
    years, but they're also not paying for the full cost of that phone on
    top of their service bill." Not true.

    The cost of the phone is built-into the contracted monthly price. You're still paying for it, it just doesn't show up as a separate itemized cost (and you continue to pay it even after the contract is up, if you stay with them off contract, or bring your own phone). If the cost of the monthly payments for the plan doesn't go down, then they're basically double dipping. Dirty pool, AT&T and VZW.

    • jeffrey beck

      The author means that you don't have to pay for your phone twice. Once with the hidden payments and twice with the extra device payment.

  • vinnyjr

    Verizon's Network is so bogged down in the Boston area it just sucks. I dropped my unlimited data plan because I went to bed getting 20mb down and woke up on 3G. Verizon had moved the direction of their LTE Tower and I'm no longer going to be getting LTE. They have no idea when it will be fixed. I also have T-Mobile and it has turned out to be the most reliable, fastest and cheapest. The data speeds are most important to me, The cost is also secondary, Data speeds is what keeps me on T-Mobile. T-Mobile's HSPA+ is faster then AT&T and Verizon's LTE Network. On top of that T-Mobile has just released their LTE Network in my area and I couldn't be happier. In my Opinion T-Mobile in my area blows all other Carriers away completely.
    Thank You T-Mobile.
    PS, Just joined the new jump program for the addition of $10.00 a month. New phone in 6 months.

  • andrew__des_moines

    I don't want to leave AT&T, but damn -- I don't want to wait 2+ years to upgrade either.

  • Bud Foster

    I don't see why people keep saying they should get a lower monthly bill. This doesn't say it's new contracts but an add on to your existing contract. So of course your still gonna pay the subsidy for the first phone you got when beginning the contract. This is basically just financing a new phone through your phone bill. If people want to buy new phones like that the good for them. It's not like they are charging you any extra to do it. And the insurance thing, who doesn't have insurance now? It would just carry over to your new phone as soon as it's activated.

  • Jose Torres

    It can ONLY be a ripoff if customers who don't do the math or their research. VZ and AT&T clearly designed these things to entice those mall walking customers who make expensive commitments on an impulse buy. So long as ALL plans aren't turning like this then whatever, man.

  • Dantendoink

    I thought that is how the existing plans (at least originally) worked

  • M.O

    At&t actually lowers top of the line devices to $540 % 20 payments so it's a little more flexible then you explained the cancelation. Next is also pretty good if your using it for a tablet its actually not bad. Its not great but its not a rip off. It's not cheap, but really works out if you want to get a new phone every year and have good service keep that in mind as well.
    Galaxy s4 full retail $640
    On next $540/27month IPhone 5s full retail $650
    On next $540/27month
    HTC one full retail $600
    On next $540/27month
    Nokia Lumia 1020 $640
    On next $540/27month

  • Marty Sikes

    You guys have it all wrong... You guys have to open your mind, and think! IF you get the Verizon Edge plan and upgrade every 12 months you actually end up saving money... Let me show you. Option 1- (Edge 1 yr plan iPhone 5s 64gb) you put $0 down plus verizon gives you a $10 a month off your data plan. So you pay $35.41 on the phone a month plus $100 for your 4GB monthly plan equaling $135.41 total a month. After 1 yr you've paid a total of $1,626.72. Option 2- (2 yr standard plan iPhone 5s 64gb) you pay $399 upfront plus $110 a month for your 4GB monthly plan equaling $1,719 after one year... So in breakdown you either go edge and pay $0 down and $135 a month and get a new phone every year which you don't have to put money down or pay upgrade fees OR you pay $399 upfront and $110 a month and you have to wait 2 years.... People don't realize that once you trade your phone in after 12 months Verizon waives the last half of the bill owed and you just start your 12 month cycle over again... so as long as you stay with verizon and upgrade every year (which is free) all you'll ever pay is $135 a month and always have a new phone every year...

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