Verizon to Introduce Phone Upgrade Fee

smartphone 150x150 Verizon to Introduce Phone Upgrade FeeVerizon Wireless will begin to charge customers to upgrade to a new phone beginning April 22, reports USA Today.

Falling in line with other major wireless carriers, such as AT&T, Verizon will charge customers $30 to upgrade to a new phone. The fee comes as cellphone companies are facing cuts in their profits by subsidizing the price of smartphones. Verizon plans to use the new revenue to help fund customer support and online education services.

To read the full article, visit http://www.usatoday.com/tech/news/story/2012-04-11/verizon-wireless-upgrade-fee/54173448/1

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About Veronica Brown

I am currently the Marketing Communications Intern for the Council of Better Business Bureaus in Arlington, VA. Originally from Seattle, I am currently a student in Washington, D.C. studying International Affairs. In my spare time, I enjoy volunteering around the city, exploring the East Coast and keeping up with politics.