“Verizon will now pay up to $650 per line if you sign up for a new smartphone plan and trade in your old phone. It will even throw in two extra gigabytes of data per month, if you sign up for 12 GB or more a month,” David Goldman reports for CNNMoney. “The offer is good on up to ten lines. You and your family could get up to $6,500 to switch over to Verizon.”

“The $650 only applies if you had been paying off the value of your phone each month in an installment plan with your old carrier. If you were under a two-year contract with your current provider, Verizon will give you up to $350 to pay off your early termination fees,” Goldman reports. “Verizon has a pretty good switching offer, but it’s not quite the best.”

“Sprint will pay off all your switching costs and promise to give you service for half of what you were paying your old carrier. Sprint will halve your bill through 2017. T-Mobile will cover all of your switching costs, including early termination fees, the balance of your smartphone payments or whatever other fees your old carrier charges you,” ,” Goldman reports. “And AT&T will give you up to $300 for switching — $100 in bill credits plus up to $200 for a trade-in.”

Read more in the full article here.

MacDailyNews Take: Apple’s iPhone Upgrade Program and smartphone saturation are wonderful catalysts for competition.

Here’s to churn and the frenzied competition it creates! Lower wireless data prices benefit everyone but the dumb pipes.MacDailyNews Take, September 10, 2015

Apple’s $32 per month annual iPhone Upgrade Program is shaking carriers to the core – September 24, 2015
Sprint offers Apple’s iPhone 6s for $1 per month with trade-in – September 24, 2015
T-Mobile trade-in plan offers iPhone 6s from $5 per month – September 23, 2015
Apple’s iPhone Upgrade Program may warrant higher earnings multiple – once Wall Street grasps what’s happened – September 15, 2015
Apple shares could rally 50% on new iPhone Upgrade Program – September 14, 2015
iPhone Upgrade Program: Apple’s brilliant strategy to turn carriers into ‘dumb pipes’ – September 11, 2015
Apple takes aim at the carriers with annual iPhone Upgrade Program – September 10, 2015
How Apple’s annual iPhone Upgrade Program works and how much it costs – September 9, 2015

[Thanks to MacDailyNews Reader “Lynn Weiler” for the heads up.]