The wireless contract is staging a comeback: AT&T and Verizon are dangling free iPhones to customers who promise to keep their service for two or three years
U.S. cellphone carriers are offering their most generous discounts in years, handing some customers brand-new devices for no money down or small monthly payments stretched over many months. The discounts from AT&T Inc., Verizon Communications Inc. and T-Mobile US Inc. require customers to make long-term commitments that give carriers the stability they need toAT&T kicked off the trend in October by offering high-end smartphones such as the iPhone 12 free with an eligible trade-in device.
Verizon followed suit on Tuesday, dangling trade-in credits of $700 toward new iPhones and $800 toward high-end Android phones. Both companies’ most generous offers require that customers stick with an unlimited data plan for a set time. “It’s essentially a contract,” said Jeff Moore, the head of telecom research firm Wave7 Research. “We’re seeing carriers locking in the customer base that they have as opposed to encouraging switchers.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Meeting Your Needs Through PolyamoryCould polyamory allow people to meet more of their long-term relationship needs than monogamy?
Read more »
National Doughnut Day: Get 2 free Krispy Kreme treats — if you’re vaccinated against COVIDNational Doughnut Day: Get 2 free Krispy Kreme treats — if you’re vaccinated against COVID:
Read more »
We put these eight meme stocks through a rugged analytical test. Which are poised for growth and which have big downsides?AMC, GameStop and Nokia are lumped together, but not all meme stocks are alike — whether you are a day-trader or a long-term investor.
Read more »
How Political Parties Can Win ConvertsAnalysis: Almost all political ads are produced to achieve a very narrow goal: winning the next election. What if parties instead took a longer view, producing ads designed to win them new partisan supporters in election after election?
Read more »
The Fascinating Circularity Of AMC’s Stock PriceAMC has risen in price five-fold, but the spike may actually have long-term positive implications for the company this time. Here's why.
Read more »
The Fascinating Circularity Of AMC’s Stock PriceAMC has risen in price five-fold, but the spike may actually have long-term positive implications for the company this time. Here's why.
Read more »