Verizon may jump on the device financing bandwagon too if customers want it.
Verizon Wireless Open to Dropping Contracts : Read more
Verizon Wireless Open to Dropping Contracts : Read more
I can already see how this will work with Verizon. Customer walks into store asks for no contract service, gets "We don't offer that" response. So no one gets signed up and Verizon goes with "No one signed up so we're not going to offer it. If they do go no-contract the plans will be the same price as those with a device.with CEO Lowell McAdam saying that it will be rather easy to slip into a similar non-contract mode, but only if consumers start asking for a similar scheme.
Oh please, cry me a freaking river. Carriers get these phones for fractions of retail price. Profit margins of these companies say it all - greedy."Carriers typically eat the bulk of the device cost up front and in return charge customers high monthly fees for their services, thus making a lower profit."