Not content to let AT&T try to steal the spotlight with its newest wireless plans, Verizon has gone ahead and followed suit by introducing its newest Verizon Edge upgrade plan for its customers. Through the new service, Big Red customers will be able to upgrade v after you have been in the plan for 6 months and have paid off 50% of the full retail cost of the phone— once that period is reached, customers will be able to choose a new phone and start a new plan by simply trading in the existing phone. The best part of all this folks– there are no long-term service contracts, finance charges or upgrade fees with Verizon Edge. Sweet.
Unfortunately, the service is not available to all Verizon customers. Verizon Edge will be available to customers on Share Everything plans only starting August 25th— so those of you holding on to those sweet, sweet unlimited data plans will be out of luck. More details can be found once you hit the source link.
source: Verizon Wireless