AT&T CEO says he likes concept of handset financing
AT&T has looked at the idea of making consumers pay for their own smartphones in monthly installments, according to CEO Randall Stephenson.
The idea of handset financing runs counter to the current model of subsidizing phones at a lower initial price in exchange for a higher monthly bill. Under handset financing, consumers would pay an upfront fee for the phone, and then steadily pay off the phone's cost over the next few months.
In exchange, the consumer would presumably get a lower rate on their phone bill, and could conceivably leave whenever they want after paying off … Read more