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Verizon killing "New Every Two" early upgrade program

updated 11:20 pm EST, Wed January 12, 2011

Other early upgrade terms also changing

Following the confirmation of an iPhone launch on Verizon's network, the company has quietly changed its early upgrade policies to make future purchases more expensive for existing subscribers and new customers. The "New Every Two" program will also come to an end, eliminating the promotion that had brought signifiant price reductions for handsets bought near the end of a two-year contract.

After January 16, new customers will not be enrolled in the New Every Two program and existing customers will not be reenrolled after they take advantage of their next discounted upgrade. The promotion had brought discounts of up to $100 below the new-subscriber pricing for many handsets, including high-end smartphones that typically sold for $200.

Aside from the New Every Two termination, the company is also putting an end to its early upgrade program ahead of the iPhone 4 launch. Customers will no longer be able to receive discounts on handset purchases after completing 13 months of a 24-month contract. The new terms will require any new or existing customers to wait 20 months into their contract before paying new-contract prices rather than full retail. [via Wall Street Journal]




by MacNN Staff

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Comments

  1. chefpastry

    Joined: Dec 1969

    +11

    Nickel & Dime

    And so the raping begins...

  1. facebook_David

    Via Facebook

    Joined: Jan 2011

    +2

    comment title

    AT&T:
    Discounted prices for phones
    Can talk and use data at the same time
    May be getting Mobile Hotspotting..

    So far IMHO, things are sounding better and better for AT&T

  1. cmoney

    Joined: Dec 1969

    +3

    Subsidies

    Sounds like non iPhone users will be subsidizing iPhone users over at Verizon.

  1. wrenchy

    Joined: Dec 1969

    -3

    Eager iPhone users


    Welcome to your new Masters.


    MUHUHAHAHAHAAA

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