AT&T Moving Away From Wireless Subscriber Contracts
AT&T is getting rid of two-year contracts, the way subscribers historically tied themselves to a wireless carrier, said an internal document posted Wednesday by website Engadget. The document said new and existing customers will be able to get new devices…
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only by paying the full price upfront or by buying it in installments over time. The change kicks in Jan. 8. An AT&T spokesman confirmed the development. “With $0 down for well-qualified customers, the ability to upgrade early and down payment options available with even lower monthly installments, our customers are overwhelmingly choosing AT&T Next," the spokesman emailed. "Starting January 8, AT&T Next will be the primary way to get a new smartphone at AT&T. This does not apply to business customers under a qualified wireless service agreement.”