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NewsPoster Apr 13, 2013 02:13 PM
Verizon widens Device Payment Plan for smartphones
Verizon on Friday appeared to take a step toward countering T-Mobile's recent headline-grabbing UNcarrier pricing structure. The nation's largest wireless carrier announced that it would be extending the parameters of its Device Payment Plan, allowing customers to spread the cost of a device over the course of a year. <a href="">The announcement</a> came along with news that the carrier would be <a href=" de.transfers/">lengthening its upgrade timetable</a> from 20 to 24 months.<br /><br />With more devices being eligible for the Device Payment Plan, customers wanting the latest hardware will be able to divide the costs of that hardware into 12 segments. Verizon <a href="" rel='nofollow'>told</a> <em>Engadget</em> that the cost of those monthly segments will "sit on top of existing service plans, not inside them - the base service rate won't go down in year two." <br />
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Verizon's move comes as the wireless industry may be on the verge of disruption. T-Mobile's UNcarrier announcement grabbed the attention of the media for weeks, and Verizon <a href="" rel='nofollow'>quickly countered</a>, saying that it could go contract-free if consumers showed interest in such a model. Apr 13, 2013 03:45 PM
Verizon not there
I don't think Verizon's plan will compete with T-Mobile plans. The idea is that you pay less - much less for your service and pay full price for your device outside the plan. The savings obviously comes from a lower monthly service plan.

Verizon being a douche bag of a company is not going to lower the service plan rates but ask users to play for the device outside the plan. They SUCK big time.
efithian Apr 14, 2013 07:50 AM
ATT is obviously waiting in the wings with their halfassed plan. Goodbye Verizon. Goodbye ATT. Hello T-Mobile, the provided that understands.
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