Verizon readying Device Payment Plan option for smartphones

Verizon readying Device Payment Plan option for smartphones

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Verizon may soon introduce an option for customers which allows them to pay full retail cost for devices, according to details obtained by Droid Life. Following in the footsteps of T-Mobile’s UNcarrier strategy, the option will presumably let subscribers pay for handsets over a two-year plan. Of course, all of this is speculation and has not been confirmed by Verizon. With that in mind, it’s hard to imagine anything but spreading out the cost of your smartphone.

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Verizon’s CEO Lowell McAdam recently indicated that he would not be opposed to a full price option for handset just so long as consumers were interested. Considering Verizon today further clarified its stance on device upgrades and eligibility, this could be construed as a sign of forthcoming changes.

Droid Life

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Scott Webster
Scott Webster 6570 posts

Scott has been running AndroidGuys since 2007 and loves nothing more than reading up on the latest smartphone rumors. His other mobile efforts can be found on Android Update (CNET) where he covers Google's mobile platform.

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7 Comments

  1. S. Ali
    April 12, 17:42 Reply

    Unless they plan on lowering their rates, this is basically Verizon Layaway

  2. Brian Parkerson
    April 13, 10:13 Reply

    Just leave my unlimited data alone… Once they take that away I will be deciding on a new carrier.

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