News by Andrew Kameka on Monday September 16, 2013.
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T-Mobile has ignited big changes for how wireless customers upgrade to new smartphones. AT&T and Verizon introduced upgrade programs after T-Mobile launched Jump, and now Sprint will be the latest of the major carriers to support early upgrade programs.
CNET reports that Sprint is prepping to launch Sprint One Up as an offer to let postpaid subscribers pay more money per month in order to be fast-tracked to upgrade to a new phone before the end of a contract period. Unnamed sources claim that Sprint One Up will launch September 20. Screenshots obtained by CNET reveal the following details:
One Up subscribers with an Unlimited, My Way, or All-In plan will see a $15 per month discount on the monthly service plan.
Customers can purchase a phone with no money down and add the actual costs of the device divided over 24 monthly installments (i.e. a $649 dollar phone would lead to $27 monthly payments).
Customers can upgrade to a new device by returning an existing phone - if it is still in good condition - and then start the process over with a new phone.
Canceling Sprint service before the device is paid off will require that customers pay the remaining balance of the cost of the phone.source: CNET
Andrew is based in Miami, Florida.