Verizon open to eliminating contracts, will monitor T-Mobile's success

By Shawn Knight · 6 replies
Apr 4, 2013
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  1. T-Mobile’s announcement and launch of a contract-free $50 unlimited talk and text plan last week certainly seems like a sweet deal but it may have further reaching implications than any of us are aware of. I say that because Verizon...

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  2. MilwaukeeMike

    MilwaukeeMike TS Evangelist Posts: 2,890   +1,223

    T-mobile's plan doesn't look so great because it doesn't have a contract, it's also much cheaper.

    Verizon new plan $200 down $100/month 2GB data/month - 2 year contract. Overage charges on data.
    T-Mobile - New plan $100 down, $60/month 2GB/month + $20/month for the phone. - No contract. No Overage charges on data

    Two years later with Verizon you've paid a total of $2600 you will continue to pay $100/month. Two years later with T-mobile, you would have paid $2020 and your bill will now go DOWN by $20/month because your phone is paid off.

    Verizon has a lot more 4G, that's the only real benefit I see right now. If I were Verizon, I'd expect to see my new customer sign-ups to slow down too.
  3. This would be great if they grandfather in current users
  4. T-Mobile has had lower cost contract free versions of their plans for years for people that owned their own phone. The Equipment Installment Plan (EIP) and complete abolition of the contract version of plans are what is new. Removing the option of a standard contract forced better media coverage of what they've had all along. This is the only business model that makes sense for consumers, so everyone can thank T-Mobile when Verizon and AT&T follow suit.

    3DCGMODELER TS Enthusiast Posts: 307   +18

    Me going to switch to Verizon...

  6. veLa

    veLa TS Evangelist Posts: 781   +235

    I don't care unless they also offer unlimited data like T-Mobile.
  7. My Samung Galaxy on Virgin Mobile...279.00 plus 37.42 a month after taxes. That's 898.08 for two years plus the 279.00 equals 1177.08... now thats priceless.

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