TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

AT&T extends wait for to upgrade phone

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

Daily Photo Galleries

By The Associated Press
Tuesday, June 11, 2013, 12:01 a.m.
 

AT&T is extending from 20 months to 24 months the time it takes for customers on contract-based plans to earn a fully subsidized upgrade to a new phone.

The move, announced on Sunday, follows an identical one by Verizon Wireless in April. AT&T Inc.'s new policy applies to any customer whose contract expires in March 2014 or later.

Extending the time between phone upgrades will save the phone companies money, since they subsidize each new phone by hundreds of dollars to make it available to customers for $199 or less. AT&T executives had said they planned to rein in spending on phone upgrades this year.

Subscribe today! Click here for our subscription offers.

 

 


Show commenting policy

Most-Read Business Headlines

  1. If you get this letter from the IRS, it’s legitimate
  2. Home appraisal is below sales price — now what?
  3. Corporate missteps hurt reputations, profits, sometimes in long run
  4. Venting online about job protected
  5. France plane crash victim’s father calls for airlines to focus on pilot welfare
  6. Farmers fund research on gluten-free wheat
  7. Stafford: Hirers bemoan wasted time with some applicants
  8. Credit card use reflects confidence, flat wages
  9. Falling demand for steel not likely to reverse any time soon
  10. Komando: Boost cellphone signal when nixing landline
  11. Stop foreign dumping, U.S. Steel CEO Longhi tells Congress