Verizon customers used to be able to switch to a new phone every 20 months.
There was no need to wait for the full 24 month contract to be up before upgrading.
But that nice little Verizon benefit is coming to an end next year.
Verizon announced yesterday that, starting with customers whose contracts expires in January 2014, the full two year contract will have to completed before the carrier will upgrade the contract with a new phone.
This may be, at least in part, due to the rising cost of high-tech smartphones.
That’s not the only cost cutting measure (for Verizon) the company laid out yesterday.
The carrier also said that users wanting to share an upgrade with someone else, and are on a single multi-line account, can only do so if the device falls in the same category. In other words, the upgrade has to be a tablet for a tablet, or a smartphone for a smartphone.
And finally, Verizon is also shutting down the old New Every Two program for good. Points earned in the program, which ended in 2011, will expire for good on Monday, April 15.
What do you think of the changes Verizon is putting into place?
Will these new policies affect your or your choice in which carrier to use?
Share your comments below!