Sprint is doing away with two-year contracts
According to the Wall Street Journal, Sprint will be following the lead of other carriers by eliminating two-year contracts. Like that of T-Mobile and Verizon subscribers, the carrier will begin enforcing month-to-month payments instead of signing new/return subscribers to a two-year deal. Unfortunately for buyers who like to upgrade their smartphone frequently, smartphones must be paid in full retail price which can be a bit pricey.
Sprint’s goal is to abandon the two-year contracts system by the end of 2015. The carrier may begin going about this by offering trade-in deals and update promotions. This seems to be the future of mobile contracts and all carriers are moving in this direction.
Source: WSJ
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