Sprint will be rolling out a new plan that will allow its users to upgrade their iPhones to a newer model when it is released.
According to Business Insider, through the new iPhone Forever plan – which involves paying $22 per month in addition to the existing data plan – users will be able to get their hands on the latest iPhone.
The phone carrier’s announcement comes just as Apple is believed to be releasing its newest iPhone next month.
“We asked ourselves, ‘What could we do that would move our customers forward with the latest and greatest technology every day?” said Marcelo Claure, Sprint CEO.
“We decided: How awesome would it be if anytime customers don’t have the latest iPhone, they are eligible to upgrade, and have it be as simple as handing us your existing iPhone and picking up a new one – all included in your monthly rate.”
iPhone Forever plan
A cellphone lease option was introduced by Sprint last year. Almost 51 percent users availed the option and bought a new phone, as reported by the Wall Street Journal; seeing its success, Sprint introduced the iPhone Forever plan.
Sprint has also released an option for customers looking to exchange their existing smartphones. At a price of $15 a month, one can trade in their old smartphones and get a 16GB iPhone 6. The price will be elevated to the regular amount after the subsequent upgrade.
AT&T, the only carrier providing two year contracts
According to Mac Rumors, the $15 a month plan lasts till Dec 31, 2015. The iPhone Forever plan is for “any eligible Sprint rate plan.”
Two-year contracts, as they allow customers to buy a new iPhone at the beginning of the contract, have been quite popular. AT&T is the only carrier now that offers smartphone upgrades every two years, after Verizon, T-Mobile and now Sprint that have eliminated their two-year plans.
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