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-   -   Verizon widens Device Payment Plan for smartphones (http://forums.macnn.com/113/tech-news/499726/verizon-widens-device-payment-plan-smartphones/)

 
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="http://news.verizonwireless.com/news/2013/04/verizon-wireless-upgrade-statement.html">The announcement</a> came along with news that the carrier would be <a href="http://www.electronista.com/articles/13/04/12/also.changed.expiry.of.new.every.two.credits.upgra 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="http://macnn.com/rd/283327==http://www.engadget.com/2013/04/12/verizon-confirms-device-payment-plan-coming-april-21st/" 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="http://macnn.com/rd/283328==http://www.electronista.com/articles/13/04/06/verizon.ceo.says.it.would.be.pretty.easy.to.switch .to.no.contract/" rel='nofollow'>quickly countered</a>, saying that it could go contract-free if consumers showed interest in such a model.
 
jdsonice@gmail.com 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
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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