Something I do expect from Verizon Wireless is to further lock out phones that don't come from them. Ask Anglave how much they liked his Nexus 5...
A foot note in every article about this new deal is that they're going to continue to have a payment plan for your new phone!
Let's pick on Marv...
Marv's share of the plan is $60 now and his $480 phone was $250 out of pocket. So Verizon has $230 worth of subsidy here.
Under the new plan his share drops to $20. That means it takes a mere six months to pay off the subsidy at the old $60 a month, but the contract is 24 months...
Assuming that the plan really cost $20 all along and $40 was there to help subsidize phones, of course. But it's representational.
The devil will be in the details.
A foot note in every article about this new deal is that they're going to continue to have a payment plan for your new phone!
Let's pick on Marv...
Marv's share of the plan is $60 now and his $480 phone was $250 out of pocket. So Verizon has $230 worth of subsidy here.
Under the new plan his share drops to $20. That means it takes a mere six months to pay off the subsidy at the old $60 a month, but the contract is 24 months...
Assuming that the plan really cost $20 all along and $40 was there to help subsidize phones, of course. But it's representational.
The devil will be in the details.