Verizon To Go Contract Free On September 21st
According to an insider source, Verizon is set to launch ‘contract free’ plans on September 21, 2008. Stipulations require that you either pay for a phone in full – no subsidies – or bring your own equipment. The user must pay an activation fee, no exceptions, and go through a credit check.
Signs intriguing, but I always thought cell phone companies lose money on people unless they stick around over 12 months? Perhaps the activiation fee will be much higher than the standard $35 to help offset initial costs.