AT&T, Verizon push free iPhones for long-term customers [telecom]

The Wall Street Journal

The wireless contract is staging a comeback.

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 to reassure investors as they increase spending on

5G network upgrades.

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