T-Mobile Shifts to 3-Year Phone Installments with New ‘2.0’ Mobile Plans

https://www.cnet.com/wp-content/uploads/sites/2/a6b277f8-a1dc-4c55-9e1f-289e47fc3fe3.jpg

If you’re thinking of buying a new phone through T-Mobile, you’ll now be paying less per month, but for a year longer than its previous deals. The carrier has ditched its 24-month payment plans in favor of 36-month installment plans. It also rebranded its major phone plans and offers student plans with the option of adding 5G home internet service.

In an environment in which everything costs more, all three major wireless phone carriers have introduced plans to draw in customers who want to reduce what millions of people see as an essential expense. In recent months, AT&T introduced its modular Build-A-Plan, and Verizon cut prices and then rolled out its Simplicity plan. Now it’s T-Mobile’s turn.

An extended phone flex

Before Aug. 6, when you purchased a new phone through T-Mobile, you could buy it outright or pay a monthly installment over 24 months. The new ...

Copyright of this story solely belongs to cnet.com. To see the full text click HERE

Read more