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1 min read 3 comments

Verizon Getting Rid of 1 Year Contracts Starting April 17th

Well, this stinks.

Used to be, if you wanted a discount on your next phone, you could sign up for a one-year contract with Verizon. Okay so the discount wasn't as deep as for those commiting themselves to a 2-year contract, but it was still a discount. One year contracts were like olive branches thrown to those who wanted a good deal on their phone without being locked into a massive commitment.

But the one year contract at Verizon is no more. Starting April 17th, anyone wanting a discount on their phone will have to sign up for a 2 year plan. If you don't want to commit yourself to two years of service with one carrier, you may have to shell out upwards of $600 for your next smartphone.

What do you think of this development? Let us know below!

Source: Android Central

3 comments

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  • The fewer months the better. But of course you have a number of service providers that each must try to give its customers as good a coverage as possible. That costs.
    If there was a central entity that would assure good coverage for all, it would be much cheaper, since each provider then could rent whatever they needed.

  • Agreed. I can usually stomach signing up for a 1 year contract, but 2 year contracts freak me out. Who knows what the state of the market will be 2 years from now and how many better deals one might be able to find.

  • Another blow against consumers.

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