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Verizon Wireless Phone Upgrades

Written By: Jennifer Sheahen

Verizon Wireless announced contract phone upgrades will increase from 20 to 24 months.

Verizon Wireless Phone Upgrades
 

April 12, 2013

New York, Ny (WENY)-The nation's largest cellphone carrier is extending its length of time between phone upgrades.

Verizon Wireless announced contract phone upgrades will increase from 20 to 24 months.

The move will save Verizon money, since it subsidizes each new smartphone by as much as $400 to get the price down to $199 or less.

In a statement, Verizon said the move aligns its policy with the typical length of a phone contract.