Showing posts with label At&T. Show all posts
Showing posts with label At&T. Show all posts

Wednesday, 17 July 2013

AT&T Next a program for yearly smartphones

Wanted to keep up with the tech and stop using old phones? I dont know about you but i have always wanted to own the coolest gadget with the most amazing features. I know you want the same ! Heres your chance to live your dreamAT&T has announced its new upgrade plan called "AT&T Next". The latest program from the carrier allows you to purchase a brand new smartphone or a tablet once every 12 months. The new device is available with no activation fee, no down payment, no upgrade fee or any financing fees. To be eligible for this offer you have to pay a monthly fee for 20 months and you will have the option to trade in the device once every 12 months. After trading in your old device, the installment cycle for your device ends and a new cycle for a period of 20 months begin. The plan also allows you to opt out of upgrading and you can pay out the full 20 months fee that varies based on your smartphone or tablet model Just last week, T-Mobile dropped another bomb on the mobile phone industry by announcing their JUMP! program, allowing consumers to upgrade twice a year (after an initial six month wait), with no upgrade fees or contracts. Now it’s AT&T’s turn, who just announced 'AT&T Next', their yearly device upgrade program for smartphones or tablets. Unlike today, when you opt for the yearly upgrade using Next there will be “no down payment, no activation fee, no upgrade fee and no financing fees”. So how does it work? It’s similar to the T-Mobile model in that you agree to pay a monthly installment on the phone, which can range from $15 up to $50, depending on the device (the Galaxy S4 is cited as an example at $32 a month). After 12 payments, users can upgrade to a new device with no down payment or they can continue to pay off their device for another 8 months (for 20 in total). So, under AT&T Next, a Samsung Galaxy S4 can be had with no down payments for a monthly fee of $32. If you want to upgrade to the (presumed) Galaxy S5 in a year’s time, you have to pay at least 12 months’ worth of those payments. That’s $384 for a year–or 60% of the normal unsubsidized cost of $640, which you would reach after the full 20 months. In any case, that $384 would go on top of a year’s worth of AT&T’s usual service plans. For our comparison’s sake, let’s say you want unlimited calling ($70/month), unlimited texting ($20/month), and 3 GB of LTE data ($30/month), since AT&T doesn’t offer unlimited data like Sprint or T-Mobile. Add those up for a year’s time, and you get $1440. That, combined with the $384 above, means that owning a Galaxy S4 for a year under AT&T Next costs $1824. Now, let’s move on to using a Galaxy S4 for a year under T-Mobile’s Jump program. If you want to buy subsidized there, the S4 itself requires a down payment of $150, plus up to 24 monthly payments of $20. Over the course of year, that costs $390 total. Jump costs $10 per month on its own, which is good for $120 per year. So at this point, we’re up to $510.

But T-Mobile’s biggest advantage is in its service plans, which are much cheaper than AT&T’s. Compared to the near-unlimited AT&T plan we used above, you can get unlimited talk and text on T-Mobile for $50 per month, along with unlimited 4G data for another $20 per month. That means a year’s worth of unlimited talk, text and data on T-Mobile costs $840 on its own. Add that to the $510 above, and a year’s worth of Galaxy S4 usage costs $1350. After doing the math, Jump looks to be the better deal. It’s cheaper, it offers more frequent upgrades, and it also throws in device insurance with its monthly cost. But it’s important to remember that AT&T still has a faster and more widespread 4G LTE network than T-Mobile’s growing infrastructure, so that higher cost isn’t all for naught. It’ll come down to consumer preference, and location, in the end. Or you can just stick with a regular old contract on AT&T, Sprint or Verizon. Your call. Either way, the competition amongst the big four carriers appears to be heating up, if only by a little bit. For those who want it, AT&T Next will be available starting July 26. It’ll be an option for both new AT&T customers and existing ones who are eligible for an upgrade. Will this be a hit? Does it give consumers more freedom? We’re not too sure yet, but we like to see change in the mobile industry and believe we’re ripe for an overhaul of current practices The new service, dubbed ‘AT&T Next,’ will begin nationwide on July 26th .Basically, you’ll be able to pay an extra $375-$400 a month to have a new smartphone every year, without having to drop $200 when you get it. The initial costs are lower, but you don’t get to keep your smartphone if you keep upgrading it, so it’s kind of like you’re just renting smartphones at yearly intervals.