By James Geddes, Tech Times | August 23, 9:25 AM
Earlier this month, Verizon announced that it would no longer be offering 2-year contracts to subscribers. Existing customers, however, can still receive a 2-year contract on a new iPhone, Samsung Galaxy or other smartphone.
When Verizon joined its industry rivals recently and announced it was ending 2-year contracts, many customers registered reactions from disbelief to disappointment to downright panic. They wondered how they were going to get the latest iPhone or Galaxy Note 5; worried they would now have to pay full price for the new phones upfront, even though many of them didn't have that kind of expense planned in their budget. Verizon has the largest base of contract customers of all the top carriers, and many are still confused about their current options.