Newsbrief by Dan Seifert on Thursday September 29, 2011.
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Sprint has confirmed in an email to MobileBurn that it will no longer offer a 1-year contract renewal option to customers as of October 2. Prior to this, customers had the option to renew their contract for a 1-year term and receive a $75 discount on a new device. The only options available after October 2 will be to pay full retail price for a new device or sign a 2-year contract and get a subsidized price on the new phone. Sprint points out that the 2-year contract option is the most popular among its customers. Verizon Wireless ended its 1-year contract option back in April of this year.source: Sprint