andrew s
2013-04-05 19:40:58 UTC
Instead of paying one lump sum for a smartphone and
24 months worth of contract, consumers can pay a minimal upfront cost of a
smartphone and then a monthly fee as part of their bill.
I called T-Mobile today to ask how it works, and, it seems24 months worth of contract, consumers can pay a minimal upfront cost of a
smartphone and then a monthly fee as part of their bill.
that the existing contracts will still run their 2-year course.
However, for NEW equipment, we can now buy a phone in the same
model as we buy a car today:
a) We agree on a total hardware price (e.g., say, $300).
b) We pay the initial down payment (e.g., say, $60).
c) The rest is payed over 24 months (i.e., $10/month).
What I like about this plan is the sheer simplicity
(which is why I had moved from AT&T to T-Mobile in the
first place - since AT&T won't allow you to own a smartphone
without also forcing you into a data plan even if you don't
want a data plan for your kids!).