T-Mobile is the only major carrier out there that offers devices without a formal two year agreement. And now AT&T has joined the list as well by doing away with two year contracts altogether.
Starting January 8, 2016, America’s second largest wireless carrier will offer devices to customers only via its AT&T Next plan. Contracts however will remain available to business customers of AT&T, so those users have nothing to worry about as of now.
This is a major step from the carrier and could change the face of the telecom industry in the U.S. Ever since the monthly installment plans have arrived, there has been an alarming decline of customers who get devices on contracts, so it’s only fair for AT&T to take this step.
AT&T mentioned the following – “With $0 down for well-qualified customers, the ability to upgrade early and down payment options available with even lower monthly installments, our customers are overwhelmingly choosing AT&T Next. Starting January 8, AT&T Next will be the primary way to get a new smartphone at AT&T. This does not apply to business customers under a qualified wireless service agreement.”