Following Verizon CEO Lowell McAdam’s comment that his company would happily follow in T-Mobile’s footsteps and offer contract-free smartphones with payments spread out over time, the carrier announced that it is taking the first steps toward that goal — sort of. In an update to Verizon’s original announcement that it will abandon early upgrades, the company has confirmed that beginning April 21st, it will make select smartphones and tablets available on a 12-month payment plan that does not require a new service contract. This is great for customers who plan to upgrade to the latest and greatest each year, but Verizon is the real winner here: The carrier’s service pricing will remain unchanged, which means users who opt for the 12-month payment plan will also still be forking over the device subsidies that are built into the cost of Verizon’s smartphone plans.
Verizon confirms 12-month smartphone payment plans beginning April 21st
Published Apr 15th, 2013 3:50PM EDT
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Zach Epstein has been the Executive Editor at BGR for more than 15 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.
His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.
