Hot on the heels of T-Mobile and AT&T, Verizon Thursday announced Verizon Edge, a new plan that lets you switch your smartphone or tablet as quickly as every six months.
The new plan is similar to T-Mobile's Jump plan announced on July 10, followed by the AT&T Next plan announced on Tuesday. Like its predecessors, Edge doesn't require a service contract and only asks that you commit to making monthly payments based on the full price of the phone.
Verizon Edge basics
Verizon's program is very similar to T-Mobile's Jump plan, although it is slightly more complex.
Just like the T-Mobile offer, device payments are spread out across 24 months. (AT&T Next bases its payments on a 20-month schedule.) Verizon Edge will then let you switch your smartphone or tablet every six months, which works out to twice a year like T-Mobile's plan. With Verizon, 50 percent of your device has to be paid off before you can make the switch.
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