T-Mobile Might Ditch 2-Year Contract Requirement, Others May Follow

by CBS Denver  |  published on March 6, 2013

t-mobile

Techies and bloggers are abuzz at the prospect of T-Mobile getting rid of its requirement for two-year phone contract.

No official announcement has come down from the company, but some insiders say it’s just a question of time. CBS4 Money Saver Suzanne McCarroll wanted to know the chances of other companies doing the same thing.

Companies may look at the idea of getting rid of all two-year contracts if that’s what consumers are demanding. Right now most major companies require a two-year contract. By signing, customers receive a sizable discount on their phones. Yet consumers dislike the two-year commitment.

“Because if it doesn’t work out, you’re stuck and you have to have a cancellation fee,” one consumer said.

If a company gets rid of the required contract the phone will go up in price. Right now a new iPhone 5 without a contract costs $649. With a contract it’s only $200. The newest Samsung Galaxy S-3 without a contract is $600, but only $200 with a contract.

Those at CNET who follow the cellphone industry closely say it is just a question of time until T-Mobile gets rid of its contracts and other carriers likely follow with similar plans.

No comments yet - you can be the first!

Comments are closed.

Do you Love your country but hate your government?

Join your fellow Libertarians who seek a world of liberty; a world in which all individuals are sovereign over their own lives and no one is forced to sacrifice his or her values for the benefit of others. Join over 500,000 Americans who get their daily dose of minimal government and maximum freedom with The New Liberty Movement.

We know how important your privacy is and your information is SAFE with us. We’ll never sell
your email address and you can unsubscribe at any time directly from your inbox.
View our full privacy policy.