Verizon's phone contracts are all three years now [telecom]

Buy the device at full price or pay monthly installments for three years

By Emma Roth

If you're looking to buy a new phone at Verizon, you now only have two options: buy the device outright, or pay monthly installments for three years. As reported by Droid Life (via Android Police), Verizon appears to have gotten rid of its 24- and 30-month contracts for all devices - including phones, hot spots, and smartwatches - and has instead extended it to 36 months.

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