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Verizon Wireless (VZ, VOD) makes a fresh attempt to lower phone subsidy expenses: the top U.S....

Verizon Wireless (VZ, VOD) makes a fresh attempt to lower phone subsidy expenses: the top U.S. carrier will soon require customers to wait a full 24 months from the time a contract begins to receive a subsidy for a new phone. Thus far, Verizon has been allowing some subscribers to receive a subsidy after 20 months. The announcement comes a year after Verizon implemented a $30 phone upgrade fee, and a month after CFO Fran Shammo stated Verizon wants to sell 4G-only devices by late 2014 in an effort to lower hardware costs.
Comments (1)
  • Jason Tillberg
    , contributor
    Comments (1236) | Send Message
     
    I use a go phone.. it cost $12, works fine.
    12 Apr 2013, 02:20 PM Reply Like
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