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Won't offer long-running incentives in preparation for iPhone 4

Now that Verizon has the upcoming iPhone 4 to tout, along with the next wave of top-tier Android phones and first LTE-enabled 4G devices, the company has done away with a perk that could have helped some customers pay for said devices. Verizon has confirmed (via SmartMoney) that as of Sunday, January 16, its New Every Two and early upgrade policy will no longer be available to new customers.

The New Every Two program offered customers $30 to $100 toward the purchase of a new phone every two years. Current customers will be able to use this discount one more time within 6 months of reaching 20 months into their contracts. New customers will not be offered the perk.

Verizon's early upgrade program -- perhaps even more attractive than New Every Two -- offered “new-customer” pricing on devices 13 months into their contract. Customers will now have to wait a full 20 months before they are offered the upgrade price.

"The longer you can get customers to go between upgrading their phones, the stronger the profitability for the carrier," Michael Hodel, an analyst for Morningstar, told SmartMoney. As evidence, Hodel points to last year's iPhone 4 release, when AT&T allowed many subscribers to upgrade early, sometimes even waiving the $18 fee. This resulted in shrinking profit margins for the carrier. 

Verizon, on the other hand, can count on a number of AT&T iPhone users to jump ship for its CDMA version of the device -- without having to offer much extra incentive.



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T-Mobile is now the best!
By mavricxx on 1/19/2011 12:54:19 AM , Rating: 2
If you do the math, T-Mobile is now the best. Not only were they ranked #1 for having the best customer service but they also have the LARGEST and FASTEST 3.5G/4G (whatever you wanna call it) in the nation. They have publicly announced that they will NOT charge extra for 3.5/4G. Also, due to the fact that their phones are GSM you can unlock them and use them overseas if you need to. Lastly, you can talk and use data at the same time which you can't in CDMA (sprint/verizon) and did I mention they're the cheapest of the 4 major carriers. This equals to T-Mo is the best carrier in the nation now!




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