A look at wireless-industry financial reports

Published on NewsOK Modified: July 18, 2013 at 5:22 pm •  Published: July 18, 2013
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— July 16: AT&T says it is introducing an option called AT&T Next on July 26 to make it easier for customers to upgrade their cellphones more frequently. Instead of paying, for example, $200 up front to buy a smartphone, customers would pay monthly installments of $15 to $50 on top of their service plan, depending on the device. The new plan is designed to satisfy customers who want the latest and greatest devices, but it will cost more overall than the usual way of paying.

— July 18: Verizon Wireless, the country's largest cellphone carrier, says it's joining AT&T and T-Mobile in providing an installment plan for its phones, aiming to satisfy customers who want to upgrade their devices faster or avoid paying the upfront cost of their phones. The plan, dubbed Edge, will be introduced Aug. 25 and allows the buyer to spread the full retail price of the phone, without subsidies, over 24 months. Verizon Communications Inc.'s wireless division added 941,000 devices to its contract-based plans in the April-to-June period, exceeding analyst estimates and continuing a strong run.

Coming up:

— July 23: AT&T Inc.

— July 30: Sprint Corp.

— Aug. 8: T-Mobile US Inc.



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