Verizon confirms 12-month Device Payment Plan for phones is launching April 21st

Blog sponsored by Engadget.com 13.4.2013 Comments Off on Verizon confirms 12-month Device Payment Plan for phones is launching April 21st

Verizon confirms Device Payment Plan coming April 21st, with a catch

Look: we know many on Verizon aren’t happy that the carrier has revealed plans to lengthen its upgrade intervals right as smartphone update season is hitting full stride. However, there may be a consolation prize. As of April 21st, “some devices” in its smartphone range, not just the existing tablets, will qualify for a Device Payment Plan that spreads out the full costs over the course of a year, letting those who crave the latest mobile hardware (presumably, you) upgrade without either having to sign a contract or pay everything up front. Sounds like a very UnCarrier thing to do, doesn’t it? Not quite, unfortunately. The carrier tells us that these payments sit on top of existing service plans, not inside them — the base service rate won’t go down in year two. T-Mobile will remain the better bargain for anyone constantly replacing handsets, then, but those on Verizon will at least have a degree of freedom.

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Via: Droid-Life

Source: Verizon

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