Over the past couple of year carriers have one by one phasing out 2-year contracts. It all started with T-Mobile, with Sprint and Verizon (pause for dramatic effect) even joining in.Not it’s AT&T’s turn and starting January 8th, contracts will be no more, mostly…
Internal documents that leaked earlier this morning revealed that AT&T customers would no longer have the option to sign up for a 2-year agreement when buying a new smartphone, rather only being presented with options of upgrading via AT&T Next (installment plans) or by paying the full retail price.
It was in June of this year that AT&T killed 2-year contracts through third party sellers, so it only made sense that they would eventually do the same within their own retail stores. Keep in mind however that this only applies to smartphones. Tablets, wearables, Internet of Things devices, and mobile hotspots will all still be available through optional 2-year contracts. Business accounts will also still have the same options.
AT&T officially made statement on this information later on in the day with the following:
VIa: Engadget VIa: Droid-Life
“With $0 down for well-qualified customers, the ability to upgrade early and down payment options available with even lower monthly installments, our customers are overwhelmingly choosing AT&T Next. Starting January 8, AT&T Next will be the primary way to get a new smartphone at AT&T. This does not apply to business customers under a qualified wireless service agreement.”