Verizon will now pay up to $650 per line, up to ten lines, if you switch to Verizon

“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

SEE ALSO:
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.]

9 Comments

  1. I’ve never been a Verizon Customer I’ve been with ATT for almost 10 years. I was with US Cellular before that and LOVED US Cellular but they didn’t offer the iPhone and their data plans are crazy high. ATT was terrible when I first moved over but now I must say I’m pretty happy. I have 4 lines, unlimited talk and text + 30GB of data for around $260 a month paying off 1 phone @$37 a month). I never run out of data and the service is solid.

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  2. I’ve always been of the opinion that if a service is any good, the vendor won’t have to front me cash to get me to use it.

    All the “incentive checks” that AT&T has sent me so far to get me to use U-verse probably add up to ten grand or so.

    -jcr

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  3. Part of this stems from T-Mobile getting off their ass ad deciding to get competitive. This was forced upon Deutsche Telekom- owner of T-Mobile USA- when the FCC said thy could not sell it to AT&T.

    The FCC said no because they said it would be detrimental to competition. After the AT&T deal was nixed, T-Mobile expanded their footprint, upgraded service, overhauled their plans, stepped up promotion and has shaken up the whole mobile space in the US.

    Had the FCC let AT&T buy T-Mobile and swallow it into the Deathstar, we would not have the options coming from all the mobile carriers.

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