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Verizon customers: Be prepared to pay full price for a new phone after August 13

Posted on August 10, 2015

verizon-logoMany of are used to upgrading to a new mobile phone every couple of years and receiving the new phone either for free or at a greatly reduced price. But if you are a Verizon customer, that perk is about to come to an end.

The major cell carriers have traditionally offered their customers a selection of subsidized phones in exchange for having them sign on to two year contracts. If a customer subsequently canceled their contract before the two years was up, they would have to pay for the phone by coughing up a huge Early Termination Fee.  [Read more…]




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