Verizon Is Ditching Two-Year Phone Contracts…Discover The New Plans + How Much You’ll Save!
August 7th, 2015 by Tech Staff
Verizon is dropping the 2-year contracts on August 13th - what does that mean to you? Find out the new plans and if you'll be saving money below! Verizon is revamping the way its customers pay for cellphone service. The nation's largest wireless carrier announced today that it's doing away the practice of subsidizing your new phone in exchange for signing a two-year service contract. The company unveiled new rate plans that offer a mix of discounts and price hikes and that require customers to pay for their smartphone. Under Verizon new rates, every smartphone line is $20 per month. Then, customers choose from one of the following four data packages:
- Small: $30/month for 1GB of shareable data
- Medium: $45/month for 3GB of shareable data
- Large: $60/month for 6GB of shareable data
- X-Large: $80/month for 12GB of shareable data