News

Sprint latest phone company to launch early upgrade plan

Sprint latest phone company to launch early upgrade plan

Photo: Associated Press

NEW YORK (Reuters) – Sprint Corp on Friday joined its three biggest rivals in offering an early upgrade option for smartphones, and it promised savings greater than those available from its competitors.

Sprint, the No. 3 U.S. mobile provider, will allow customers who pay for their phones in installments to upgrade their devices every 12 months, instead of the two years allowed under existing plans.

The company said customers participating in the new plan, called One Up, will pay $15 per month less than its standard service fees for unlimited talk, texts and data.

It also said customers choosing its upgrade option will pay up to $45 a month less than they would for comparable offerings from AT&T and Verizon.

Sprint did not immediately say how much it will charge per month for the smartphone on top of its service fees.

T-Mobile US, the No. 4 U.S. mobile provider, first offered an upgrade plan earlier this year and Verizon Wireless and AT&T Inc followed suit in the summer. But, AT&T and Verizon have been criticized for charging their customers too much.

All these installment plans are aimed at reducing carriers’ costs as well as satisfying consumers who do not want to wait two years to upgrade.

The new Sprint plant was reported earlier this week but not confirmed by the company until Friday.

Recently Played

Latest Headlines

in Entertainment

REVIEW: ‘It Follows’ is the best American horror film in a decade

Fresh
In this image released by Brigade Marketing, actress Maika Monroe appears in a scene of It Follows, directed by David Robert Mitchell. “It Follows,” has been arguably the buzziest American film at Cannes next to Bennett Miller’s wrestling drama “Foxcatcher,” which boasts a far more famous cast and a major premiere at the Palais des Festival.

"It Follows" is a horror movie worthy of classic comparisons.

in Trending, Viral Videos

TODAY’S MUST SEE: Billy Zane mistakenly thanks One Direction fans for support

Billy Zane arrives at the Global Green USA's 12th Annual Pre-Oscar Party at the Avalon Hollywood on Wednesday, Feb. 18, 2015, in Los Angeles.

Actor Billy Zane pokes fun at the fact he shares a similar name to former One Direction member Zayn Malik in a new video.

in Entertainment

Craig T. Nelson bringing ‘Coach’ back to TV

Former Dallas Cowboys coach Jimmy Johnson, left, and actor Craig T. Nelson share a moment with Quincy the dog on the set of the television show "Coach", Feb. 10, 1995, in Universal City, Calif. Johnson will appear as himself in an episode in which Quincy ends up swallowing Johnson's Super Bowl ring.

Craig T. Nelson has signed on to revive his hit TV sitcom "Coach" for a new sequel series on NBC.

in Entertainment

Kate Upton, Lea Michelle to play best pals in new comedy

Kate Upton arrives at the 2015 Vanity Fair Oscar Party on Sunday, Feb. 22, 2015, in Beverly Hills, Calif.

Kate Upton and Lea Michele have teamed up for a new William H. Macy comedy called "The Layover."

in Entertainment

Today in entertainment history: March 27

beatles

A look back on Hollywood headlines of years past.