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Verizon offers discounts under installment plan

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By The Associated Press
Friday, Feb. 14, 2014, 12:01 a.m.

Verizon Wireless is offering $10 or $20 monthly discounts for subscribers who buy their phones through the company's installment plan.

Before, customers who opted for Verizon's Edge plan had essentially been paying for their phones twice — through the installments and again as part of monthly service bills that include the costs of phone subsidies that Edge customers weren't taking advantage of. The discount doesn't fully cover the installments on high-end phones, but it helps.

Verizon's discounts apply only to its installment customers.

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