Verizon's new smartphone plans could save subscribers a ton of money -- but you have to switch...

[Guest Zach Epstein]

Ahead of the holidays last year, AT&T unveiled new smartphone plans that finally offered subscribers what many people have been seeking for years: a discount on phone service once the device subsidy is paid for. Traditional cell phone service plans include an additional fee built in to help carriers recoup the cost of the phones they sell, which are made available to customers at a discounted price up front. The rest of the phone's value is worked into the monthly cost of service.

 

Now, just as AT&T did this past December, Verizon on Monday announced a new promotion that will offer users a similar deal.

 

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Via BRG - Boy Genius Report