Verizon may follow T-Mobile’s lead with creative smartphone payment plans

Verizon Smartphone Subsidies
T-Mobile made headlines earlier this year for its decision to end carrier subsidies for mobile devices while completely scrapping wireless contracts. But rather than requiring subscribers to spend $600 all at once for a smartphone, T-Mobile allowed qualifying customers to take part in a convenient payment plan. The carrier offers popular handsets such as the iPhone 5 and HTC One for $99 down and payments of $20 per month for 24 months. According to an internal document obtained by Droid-Life, Verizon may be looking to follow in T-Mobile’s footsteps.

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