Verizon kills off service contracts, smartphone subsidies
In a radical shift, the company will only offer new plans that require customers to pay for their own smartphones. Also, device access fees and buckets of data remain.
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An article in the Philadelphia Inquirer reported that existing Verizon customers will still be able to get discounted phones for $100 or $200 by renewing a two-year service contract. As long as you stay with the current plan, you can upgrade at a discount.
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