What's behind Verizon ditching contracts??

[rcjordan]

I smell bullshit.  I suspect they are seeing advantages in financing the phones.

http://time.com/3989731/verizon-new-plans/

[Brad]

We are evolving towards a more European cellular business model (as I understand it): buy your phone take it to almost any GSM carrier with no contract.


>financing

Makes sense.  iPhones cost a fortune now, second mortgage required.

[Drastic]

I've been wondering if it's to compete with MVNO pricing.

[Brad]

Both Apple and Google are looking to become cellular providers, this may be in anticipation of that.  Also, T-Mobile has been doing well by moving away from the lockin two year contract model.