AT&T announced on Tuesday that customers will soon be able to upgrade their smartphones as often as once per year, without any down payments, financing fees, activation fees, or upgrade fees.
Called AT&T Next, it allows users to purchase a smartphone or tablet by paying for the device over monthly installments. Once 12 months of payments are reached, customers can choose to trade it in toward a new phone or keep paying another 8 months and keep the device. Neither option will require the subscriber to pay any fees.
“With AT&T Next, customers can get the newest smartphone or tablet every year with no down payment. That’s hard to beat, and it’s an incredible value for customers who want the latest and greatest every year,” said Ralph de la Vega, president and chief executive officer of AT&T Mobility.
AT&T Next is available for new AT&T customers or existing customers who are upgrade eligible.