Report: T-Mobile Set to End Phone Contracts
Two-year contracts and early termination fees to be discontinued.
Wireless carrier T-Mobile is purportedly preparing to end phone contracts in an effort to better compete with its competitors.
According to an internal memo obtained by TmoNews, T-Mobile could announce its "uncarrier" plans during March. The decision would remove two-year contracts, early termination fees and traditional phone subsidies, consequently allowing customers to purchase new devices via a monthly installment plan.
The memo in question also apparently reveals that T-Mobile intends to market its HSPA+ and forthcoming LTE network as "dual 4G" technology amid its merger with MetroPCS. The re-branding initiative is due to commence on March 24.
Back in December, T-Mobile CEO John Legere discussed alternative options to compete with Verizon and AT&T. He said during Deutsche Telekom’s annual investor conference that "we think there is a huge room for a carrier to change in a way that the larger players will choose to or will not be able to respond to."
Anyway, just wanted to ask. Heck, most of their other plans look decent, too.
Thanks in advance.
Personally, I'd rather stay with T-Mobile than anyone else. They've always been rock steady no matter where I've traveled to.
Certainly considering it. Seems they have very little phones to choose from, though. There site has only 4 phones!
Thanks for your info, bro.
Again, I've been with T-Mobile for I think 10 years now? Great service and great customer support, definitely worth it and welcome the change(but I never do 2 year contracts as I buy all my phones new and unlock them).
So far, I've found their coverage to be good enough, and so I'll be sticking with them. (galaxy nexus on $30 5GB 100min prepaid plan)