Verizon Wireless is jumping on the early upgrade bandwagon too.
- Verizon CFO: Abandoning subsidies would be a mistake
- Verizon touts nationwide wireless test to claim it's still no. 1
- Verizon revamps prepaid wireless offer with new AllSet plans
- BlackBerry CEO: We're readying another flagship to win over new customers
- Isis CEO: Foundation is here for mobile payments
Verizon Chief Financial Officer Fran Shammo confirmed an upcoming program, Edge, during a conference call on Thursday. He said there is a demand for early upgrade programs, but was light on the details of Edge.
The plans, while offering the option to upgrade after six months or a year, have been criticized as a costly option for customers. AT&T's plan, in particular, appears to be pricey, with T-Mobile criticizing it and claiming customers "pay twice" for their smartphone: once with the overall cost of the phone and twice with the higher subsidy-related service fee. T-Mobile slashed its service plans before going to a no-contract model, but charges an additional $10 fee to be a part of the Jump program.
Shammo said Verizon Wireless would have more details on the Edge program at a later time.