Verizon cuts early cellphone upgrade to 30 days from six months [telecom]

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Verizon cuts early cellphone upgrade to 30 days from six months

Julianne Pepitone, NBC News

Verizon's early-upgrade program will now allow phone trade-ins after just 30 days - but customers are still on the hook for 50 percent of the phone's full retail price.

As first reported by tech blog CNET, Verizon quietly made the changes to its "Edge" early-upgrade program over the weekend. Verizon unveiled Edge last summer, and at that time, the company allowed trade-ins after six months.

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