“Thinking of upgrading your phone with Verizon? Better do it fast,” David Goldman reports for CNN Money.

“On April 22, Verizon Wireless will institute a $30 upgrade fee for existing customers who purchase new phones with a two-year contract,” Goldman reports. “‘This fee will help us continue to provide customers with the level of service and support they have come to expect,’ said Brenda Raney, spokeswoman for Verizon Wireless.”

Goldman reports, “Verizon is actually the last national carrier to charge an upgrade fee. T-Mobile charges $18 for upgrades. Sprint and AT&T recently doubled their fees to $36.”

Read more in the full article here.