July 29, 2014

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